A downside target at 29.940 first broached here nearly three weeks ago remains my minimum downside objective. Tightly stopped bottom-fishing will be warranted there, but camouflage is the preferred way to go. A conservative approach would use a chart of 5-minute degree or less to find an uptrending ABC from within 2 cents of that price. Keep in mind that theoretical risk should be held to $70 per contract or less. Rather be a trader than a lurker? Click here to learn how.
