Three Point Touch :
Execution : 3944
Stop : Below the Swing low of 3941.25
Risk : 4 points
This is a trade I actually took today.
My 1st entry was 3944.
2nd entry was 3951.
I took profits at 3954.75 & 3954, half of my position at both the green horizontal lines on the chart.
The Regular Trading Hours Low from 11-28-2022 of 3960.25 was defended which tells us sellers are still in control in the short term.
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Disclaimer: Futures and options trading involve high risks with the potential for substantial losses. The information contained in this communication is for informational purposes only and does not constitute a trade recommendation and should not be construed as such. The reader bears responsibility for any investment decisions and should seek the advice of a qualified securities professional before making any investments. Owners/authors of this newsletter are not certified as registered financial professionals or investment advisers.
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