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The hope that it will fall from here, but I am not that confident in this trade.
I certainly hope the dipsters don’t appear and it becomes a V day
Plan your trade, trade your plan!
Closed for 10 points profit at 2771.6.
Just unsure of these mustards.
Plan your trade, trade your plan!
The next trade is alot tougher as it could be a high at 7.30 pm or 8pm ish. However then we are in crookshour territory where anything can happen and the move can be spectacular, so if you get it wrong, you end up on the wrong side.
I have more than achieved the days target today, so keen not to overtrade.
Plan your trade, trade your plan!
OIl demand is completely dead currently and I am thinking this bounce at the end of the day should be sold off at the very latest overnight.
Short US Crude Oil 2406
Plan your trade, trade your plan!
So far we have not tested monday’s low and so in this
flat wave pattern we may have printed a higher low.That could indicate a return to Dow 24000 and above
to print a higher high.Just speculation.
Never give up, never surrender.
IF the rate of climb was constant then we would
be above Dow 24000 for OE.I will watch this rate of climb to see if we are
on track or likely to undershoot or overshoot.The options boys have plenty of time and money
and for them it’s just about time and price.For other traders it could be like watching
paint dry.Never give up, never surrender.
Quite possible for the angle to steepen to give a
projection of Dow 24k – 25k by monday.Dow 24000 & Dow 25000 keep appearing in my calcs.
It’s surely a sign we get there or I am cracking !
Never give up, never surrender.
The next trade is alot tougher as it could be a high at 7.30 pm or 8pm ish. However then we are in crookshour territory where anything can happen and the move can be spectacular, so if you get it wrong, you end up on the wrong side. I have more than achieved the days target today, so keen not to overtrade.
High was dead on 7.30pm so far.
Plan your trade, trade your plan!
SPX: the shape of the rise is unclear. It *might* be a rising flat correction for wave ii. Shorts need to be very careful here. It *looks* like a rising wedge (and it might be) but I’ve seen these patterns before and they can resolve upwards with force.
Dow has that flat / rising wedge look and
the same potential for a zoom higher.We will know more friday / monday.
I am not going to short it atm.
Never give up, never surrender.
Small long Dow at 23400 … stop 22600 … limit 25000
A 2 -1 reward vs risk
Risky but taking risks is part of feeling alive 😉
Never give up, never surrender.
Good morning all and thank you for your posts.
Nothing for me to do here as this could go either way today.
I will know more once I see more globex action
Plan your trade, trade your plan!
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