The current downtrend is triggering a new downleg of 12-days (assuming that today's range is below 1174).
1092 downside target win 11 more trading days (since today is day 1 of the 12-day downtrend).
The last signal reached the target quickly and went beyond the target (see the red boxes).
Tim
2:30PM EST 1157.92 last , 1190+ stop, 1092 target
1092 downside target win 11 more trading days (since today is day 1 of the 12-day downtrend).
The last signal reached the target quickly and went beyond the target (see the red boxes).
Tim
2:30PM EST 1157.92 last , 1190+ stop, 1092 target
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