It has been 3 hours since the low was made at 11:40AM today.
Since there was strong put buying up until that point, this is a low-risk buy signal.
Target 5 S&P points or 50 DJ's points.
Risk 5 S&P points or 50 DowJones points.
Raise stop after 1 hour to breakeven.
2:45PM
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1 comment:
This was up more than 4 points, but a dip after 1 hour stopped it out at break-even - Nice trade overall.
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