I would like to claim victory here, but it could still reverse and leave both of us as losers in it. I will cover if it nears my entry price, so hopefully the time of maximum risk is now over.
Doesn't it look like this could be the second retest of the July low? If you believe that "the third time is the charm", then if indeed it busts the lows on the third attempt, is it possible to see 1000 by year end. Personnally, I hope it holds!
It appears to me that we may get the third test in late October or early November after you get your 1500/1550 high in early October.
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