DislikedOk, back from suspension Woopee As long as I don't mention basketball I should be ok. Whoops did I just say that? Anyway. I have a target of 3115, and If 3100 broken, Longer term target is 3015-3025 mental sl though, I tend to not use those also.
Trade well!Ignored
Hi Tonyo,
naaaa, Basketball is a really no-no here - stupid guy you are LOL
How are you?
Overall preferred scenario is first up, then down again. For me it is sell the rallies mode.
First up towards 3215/18 , then down to around 3107 to 3096, in case of extension 3050
A breach of 3215/18 will lead to a quick move towards 3245. This level should be heavily defended by bears. I think 3245 at least will hold.
In case of break of this resistance upside open for again 3275/88, with more bullish potential thereafter.
In case of this bullish scenario watch closely 3306 and 3336 levels.
When 3062/50 can not be defended, bigger bearish potential thereafter.
Hurdles on the way to the south are
3123
3092
3062
Break of 3062 may lead to a relative quick move towards 2939
Shorts with good R:R can be placed between 3200 and 3214. In case of an extended move toward 3245, I will place shorts there.
Longs with good R:R only then, when the next small move is down. Then longs around 3123 and 3096