(Following unusual flow, 1.2m added to the ask at .83 with size early today, seems to be still in.)
Might see some chop until the basing finishes. Plan: Under 243.5 itll prob sweep the lows. 242 is the mental stop. Above 245.31 and close itll retest the todays high. Needs over 246.77 (30 min close) and a break over 247.33 it runs.
This is starter size btw,if any one is following.
5 contracts at .82
Held trade plan... Swept the 242 lows. Currently bouncing back up to prev close. This one has time, and might need to set up a lil more. Above 245.2ish this can get interesting. No adds today, either ill cut for slight loss or let it run. Manage your risk accordingly.
Actually got under 242, so idea is to cut if it starts bleeding. If it starts basing here I’ll add on Friday.
(Adding 5 more here. Light add, if it breaks below 140 call it quits, but it seems to have relative strength, Potential to reverse is possible. Tomorrow is closed for rememberance so friday will be key for movement or setup. Manage accordingly to your risk.)
Another failed breakout. Lets se what 2pm is like today.
(Adding 5 more, 242 seems to be held again with a retest of the highs towards close. Risky but cheap add)
Average is .49.
Yea this bleeding. Broke below 240 and held. Cut