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closed both +30 I may reenter and try to rdie this down, but really would like to see something more than what I have so far. ES target is a couple points hgher, and there could still be positions unwinding from this morning's fakeout.
And, as silly as this might be, it never hit 86.40...If I was REALLY going to swin g trade this, my stop might be 89.00, for a wave 5 that is still a decent return and RR.
W4 exhaustion should be in the 88.34 range, so I could be "right" and we see a W5, but still not care about entering it here. The conservatove entry would be a break below something, not a rise to something.