Quote:
Originally Posted by PipChick
Technically it obvious where we could sell the g/j but as shakesfx mentioned, a lot depends on the G7 meeting. Im thinking a violation of the 1 hr right shoulder may be a good buy area.
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I agree, I think we'll hit the right shoulder, retrace towards 199ish first and then North. Your entry point looks like good. I expect a bit of volitility later. I will be watching this tonight as I have a lot at stake...
We'll see how it develops...We could smash through the right shoulder very quickly
, in which case +205 is within sight by Tuesday. BUT - it could just drop through the floor tonight
so that traders can test where the Centrals Banks will jump in..., but jump in they will.