Short covering Thursday night has pushed this hoax to within an inch of the wack-o intraday high at 2001.00 that was recorded, of course, before the opening bell. Subscribers who took to heart my 13:39 post in the chat room and boarded the rally ‘counterintuitively’ at 1969.00 could have caught a so-far 30-point ride worth as much as $1500 per contract. (Because only one subscriber reported having done so, however, I am not establishing a tracking position.) Since the pattern that provided the entry signal worked so well, I’d suggest using it to get a handle on the futures tonight and Friday morning. In practical terms, that could have meant using p2=1990.81 to initiate a ‘mechanical’ long, provided you knew what you were doing. If the trade has taken you profitably to the 2001.75 target, keep in mind that the 2016.00 target of a larger pattern identified here earlier is still viable. You should short there aggressively with a tight stop if you’ve made some bucks on the way up.
