We testing Support 2016 07 26 (now it's resistance) be careful in game some market makers...
Orders:
SELL 1,103 SL 35 TP 1,0935
BUY 1,0865 SL 30 TP 1,0965
If this trade doesn't work, it's because it MIGHT have traded to a target on the daily. Prob will leave this trade open for 20-30 mins or so...
If we don't catch it we can cancel. VWAP tgt 1
JONE finally held strong over the breakout into the close on Friday. Will watch to see if this can have continued momentum above the breakout tomorrow.
overnight takes us to a no mans land, and will need some confirming info
overnight inventory is balanced extreme, so thinking a open down move is primary thought
as you can tell i go into each day with a few ideas and then take action on the one that looks the most likely to happen
i have a 2137 upper and a 2131 lower, and in between, going to call it chop, or...
just like in may when this spiked up it fell right back down to where it came from, it's approaching the $50 level and had a huge run. looking for a pull back to go short on. low volume though so be careful with size because it can get some wild price action being low volume
