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Hello
Based on the action today, there is better than 80%
probability of a higher high tomorrow,
the MAX upside potential for this up move
is only 10 points,
(intra day and not closing basis)
this max potential is from the long term trading
channel and it is only 5-7 points from the upper
limit,
(propriety but available)
the perfect stop loss is suggesting 1000.30
to be the stop loss for the day session
and going up 3 points per hour,
this will close 50% of the longs the rest of longs
the stop is at 990.7 and going up 4 points per
hour
the sell short comes in at 987.1 and going
up 4 points per hour,
nice week
Ben
home of the perfect stop loss
and
tools to aid the trader
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