As usual, this weekend should get interesting. And what better way to end a grind of a week than with some hard hitting full contact Bear and Bull action? Warm up the stadium lights — Friday night’s almost here.
I shortened the regression period by a few candles to turn it up into the current trend. Somewhere just north of $200 looks like a good target for the 1HR to peak at — but remember — it’s Friday. Could we see $215 on this leg up? That seems a little optimistic for me, but it’s possible the Bulls run the field with their newfound confidence.
Whatever happens, set your alerts for around $197. You wouldn’t want to miss the game.
I shortened the regression period by a few candles to turn it up into the current trend. Somewhere just north of $200 looks like a good target for the 1HR to peak at — but remember — it’s Friday. Could we see $215 on this leg up? That seems a little optimistic for me, but it’s possible the Bulls run the field with their newfound confidence.
Whatever happens, set your alerts for around $197. You wouldn’t want to miss the game.