These Levels mark the anticipated extremities of intraday price movement. This is an "intraday" COUNTER-TREND trading strategy. Narrow range expected for today.
SHORT between 50.00 & 50.15. Stop: 20 ticks; target: 40-60 ticks.
LONG between 48.65 & 48.80. Stop: 20 ticks; target: 40-60 ticks.