today will be watching the 2833 and the 2800 areas, using about a 2 point thick line, between these line would be trading the back and forth. Above will look long and below short. Contact me for more details as the day progresses
Comment:
as mentioned we went above the 33 line then gave a 30 minute pause as it sat on the line for a nice spot to get long
Comment:
first target is reached and half trade is closed stop to just above entry so profit locked in but looking for the 2860 as new target
Comment:
closing back half of trade a couple points over the price of first half, just won't get to target today
Comment:
I very seldom hold my day trades past 3:30 EST, the re balancing risk is just not worth it