Well done, AMT. I like 886 area today but not if it's during the last hour rally (possible). How many points are you risking if you're exiting at +5.00? Happy trading!
I was willing to sell up to the 885's in that zone and bail if we traded beyond the 889 level. BTW, 877.00 was my first profit target level.....I have my next targets in the 872's if we get additional selling.
Why are so many posters, including the moderator, so abusive to stock trad3r? If you don't agree with what he says then surely you can disagree in a civil manner or ignore. Whats so hard about that? <The trend is up. what the freak are you talking about? On what time frame? Your an idiot!>
And what a breakout! Awesome. I'm getting really bullish. Any market profilers out there? Can you take a quick look at my market profile analysis for Tuesday's action and tell me if I'm 100% wrong or not, I'd appreciate it: www.helpmelearnmarketprofile.blogspot.com According to my analysis, which may or may not be right, we are do for much more upside, I see about a zero percent of giving it all back on Wednesday. My guess is we'll have another strong up day, or worse case scenario, consolidate. But I'm voting for another strong up day. On a snap shot I see we're now dealing with the fifty percent retracement from the most recent sell off, but post/pre market we're already attacking that. If broken through I put the next target at the more major fifty percent retracement which is right near the 1000 line on the ES.