E-Mini Dow trades

Here’s a snippet of chat room guidance from today that you may have missed. It includes a potentially actionable coda:

10:47   Rick

YM on a ‘mechanical’ buy signal from x=39,862 (15m, A=39,657 on 3/26; B=38,861 on 3/27) /// UPDATE 12:26 p.m.): Rally from x narrowly failed (by 10 points) to reach p=39,914. The position is slightly in-the-black at the moment, trading well above the 39,810 stop-loss. Please note that a ‘dynamic’ trailing stop using a 1:2 risk/reward would have taken you out at 39,899 with a $700 profit on four contracts. If you still hold a position, p=39,915 is still the minimum objective. /// UPDATE 12:46 p.m.: YM hs touched 39,914, so you should be out of at least half the position.The gain on two contracts would be $500.

11:05   Artie

Thanks, Rick, already in. It’s been one of my favorites lately. Micro that is.

15:33   Artie

Thanks, Rick , that was a nice ride!

15:40   Rick

Pleased that you were able to participate, Artie. As you will already be aware, YM lunaticked above my rally target at 40,017 just moments ago. Four contracts bought initially at x=39,863 would have produced a profit of $2,500, assuming half the position was exited as suggested at p=39,914.

16:53   Artie

Rick, since she looked an [sic] flipped across your D pivot, would you update tonite if you find time? Thanks

17:16   Rick

YM’s final-hour short squeeze GUARANTEES more upside to at least 40,548, or to 40,858 if any higher (60m, A-39,425 on 3/20; or A=39,115 on 3/19). The word ‘guarantee’ here implies that any ‘mechanical’ buy that triggers will make you money. Please note that p=40,258 tied to the higher target could stall the rally, although probably not for long.