DislikedLooking at the 4hr chart and drawing fibs from 221-230 looks like GJ could see a run down to 225.79/80's before another run up for 100 pips. Anyone, else seeing that?
Anyway, I'm long from 225.95 will pick up more if we get to 225.80. TP is 227.10/20 area, from there I'm short for a run down to 224/223 area. . .
Feedback welcome. . .Ignored
There are may things to play out in the comming days, but the point is that both GU and UJ are at extremes---in opposite directions. I beleive GU will steady/bounce slightly and UJ will break through 113.50. Net affect of GJ should be up from here (maybe down as low as 225.80). I have 3 TP areas, 227.10, 228.30, and back up at 230.20. Stop @ 224.80 below bottom of daily pitchfork.