here goes my friend
I expect a pull back before a move higher
OK I can update my plays for tomorrow
scenario 1.........play the channel between 2 red trend lines
part A-
I will wait for confirmation below 820 and I will then short with potential entry @ 819-818 ............I will look to take profits around green horizontal trend line around 810-812(bounced off there 3 times)!!
Part B-
I will then sit on sidelines and see if 810- 800 holds, if it does then i will open up a long position up to 836-838
fibonacci retracement of 61.8% from january highs give 836-838 level which also corresponds to blue horizontal trend line and red upward sloping channel trend line
scenario 2
we have a sudden and violent break out of the channel on the upside and off to 838 we go and I will ride the long
potential entry for a long position would be 825
No more post dramatic bear disorder, or bull disorder in that matter...............
Either way is fine with me providing i keep my stop losses in place