Good evening all,
Tuesday again was a gap down opening of 150 points and gave us an entry at the short side level to meet all three targets in just about an hour and a half.
For tomorrow, I am basing a long view because the index is in a reversal zone on the daily as well as the hourly chart. Hence 34350 to 34675 remains a non-tradable zone
If it climbs north;
Long side view:
Buy above 34675
Target 1 zone - 34850 to 34900
Target 2 - 35000
Target 3 - 35125
(Long SL - 34575)
On the other side though (be very careful);
Short Side view:
Sell below 34265
Target 1 - 34150
Target 2 - 33930
Below this..... Well, let's just hope it does and we ride a wave.
(Short SL - 34350)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Tuesday again was a gap down opening of 150 points and gave us an entry at the short side level to meet all three targets in just about an hour and a half.
For tomorrow, I am basing a long view because the index is in a reversal zone on the daily as well as the hourly chart. Hence 34350 to 34675 remains a non-tradable zone
If it climbs north;
Long side view:
Buy above 34675
Target 1 zone - 34850 to 34900
Target 2 - 35000
Target 3 - 35125
(Long SL - 34575)
On the other side though (be very careful);
Short Side view:
Sell below 34265
Target 1 - 34150
Target 2 - 33930
Below this..... Well, let's just hope it does and we ride a wave.
(Short SL - 34350)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Trade closed: target reached:
Long and short (from long target)