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Bounce into the close up towards10300-10328 on thhe dow is possible yet if that level cannot be exceded we will head even further down next week.
Good call Carl
Perfect entry at that level, Carl. My trading partner got in at 72. I was offline at that time...took a walk.
(1069.9 - 1037.50)/12 = 2.7 + 1069.90 = 1072.60
Perfect entry Carl. Thanks. Watch Australian $ futures as key leading indicator. Moved from .856 to .864 as ES moved up. Sharp move up may have triggered algos and ES moved. I am taking profits because of strange FXA move.
This market facing some major resist. May retest today's support again.See if we hold.Jack
Bounce into the close up towards
ReplyDelete10300-10328 on thhe dow is possible yet if that level cannot be exceded we will head even further down next week.
Good call Carl
ReplyDeletePerfect entry at that level, Carl. My trading partner got in at 72. I was offline at that time...took a walk.
ReplyDelete(1069.9 - 1037.50)/12 = 2.7 + 1069.90 = 1072.60
ReplyDeletePerfect entry Carl. Thanks. Watch Australian $ futures as key leading indicator. Moved from .856 to .864 as ES moved up. Sharp move up may have triggered algos and ES moved. I am taking profits because of strange FXA move.
ReplyDeleteThis market facing some major resist. May retest today's support again.
ReplyDeleteSee if we hold.
Jack