The 126 bar cycle hit right at the open, and a small recovery is in progress at 10:30 am
the BEST advice I have to offer is :
GET SHORT AT 4PM today and stay short till Jan 18th CLOSE - new moon that night.
259 bars hits at 10 am on the 19th so expect a very breif overthrow and solid recovery on the 19th.
today has another 180 bar cycle hit at 2pm just after a minor lunar astro event at 1:27
Together they are apt tp produce the days low.
Jay
Jay,
ReplyDeleteYou bought some Feb. Calls yesterday, but you want to go short today at the close?
Yes, the Feb calls are day trades and sometimes short term position trades for a day or two.
ReplyDeleteAre you an experienced trader?
Jay
Yes, mostly the indexes, but I trade options with a percentage of the equity.
ReplyDelete