Tuesday, October 28, 2008

STILL BULLISH STRUCTURE

Buy the mid point of this rally and risk 1 DIA pt.

DIA 80.44 = yesterday's close
DIA 85.04 = today's high

Range = 4.60 pts

Mid-point = 2.30 pts above 80.44 = 82.74

Entry 82.74, risk 1.00 pt.

Move stop up 0.50 after 30 minutes.

Move stop up to breakeven after 60 minutes.

10:52AM EST

DIA 82.67 last.

1 comment:

Timothy West said...

Stopped out in 10 minutes at 10:58 AM... amazing