Good evening all,
Today: Was a roller coaster in true characteristic of BNF. 600 points down and then 500 points up. Something we were used to last year and sadly missing this year. Unless you are very correct, accurate and careful, these swings can dig you your grave. Hence, trade what you see and not what you feel.
Tomorrow: Mount 40000 needs to breached for long up to 40200 and then beyond. However the chart currently indicates the other 2 possibilities. 1) Range between 39400 and 40000 2) Steep slide if 39400 broken down and sustained.
So;
Long side view:
LET US WAIT AND SEE
---------------
Short side view:
Sell below 39390 (if gap down, then wait for pull back)
Short Target 39000
TSL below this
Target 2 - 38900
Target 3 zone 38800 - 38750
(Short SL - 39570)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
Today: Was a roller coaster in true characteristic of BNF. 600 points down and then 500 points up. Something we were used to last year and sadly missing this year. Unless you are very correct, accurate and careful, these swings can dig you your grave. Hence, trade what you see and not what you feel.
Tomorrow: Mount 40000 needs to breached for long up to 40200 and then beyond. However the chart currently indicates the other 2 possibilities. 1) Range between 39400 and 40000 2) Steep slide if 39400 broken down and sustained.
So;
Long side view:
LET US WAIT AND SEE
---------------
Short side view:
Sell below 39390 (if gap down, then wait for pull back)
Short Target 39000
TSL below this
Target 2 - 38900
Target 3 zone 38800 - 38750
(Short SL - 39570)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., hit like, follow me, and do spread the word.
