Monday should rally at least part of the day and that would place a high at about 1pm.
From there as I have written several times, Im expecting a low on the 28th
there is 156 bars @ 3;30pm on the 28th which would offer a good close out point for puts
The Open on the 29th has a 180 bar count @ 11:30 am and could offer an opp to buy calls to close out the week on a high
Since June3rd is a new moon, we could expect a possible retest of hte lows on the 2nd and or 3rd
From there as I have mentioned several times, they can then resume the run to 1500 by August 18th.
First stop would have to get above 1440
Best for now
Jay
have you looked at a monthly chart lately?
ReplyDeletebob