About two hours difference from LA...lol..no seriously it is 10:30 PM at the moment.
Look up the daily cash chart today...1298-1300 area mid bb 20 and lower boundary 10.2...a bounce is guaranteed...how high?..1313 mid bb10 to 1315 given the volatility...provided you get past 1308-1310. 1307-1308 level is a significant price as I stated in my message to Kiy yesterday...this is where the action is today.
1300-1303 is a good area to cover "some" shorts today and go for 15 points or the true average range.
I do more counter trend trades on the very short term trades..(intraday to a day or two)..they are the most difficult...good hedge..daily bias is short.
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