After this huge move to the upside, I am expecting price to correct into the drawn orange rectangle-area at ~25160. Looking for longs there. Target at 25460-25480 at a one to one/127 Fib extension. Stop below the last low at ~25009, safe below 25000.
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*DISCLAIMER: Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor.
None of the content published on this account constitutes a recommendation for investing your money. Trading is at your own risk.
Comment:
Still correcting; Immediate one to one completing at 25150, reaching into area for longs.
Comment:
Long at 25139.