Expected Moves ($33.50) + Gravity Points

Pop and Drop likely. Target $2842.75 Gravity Point.
Next week is a positioning week. A bigger move is likely setting up in the following week. Take off / Put on Risk above and on that Gravity Point. Price must be firmly and immediately rejected, if price hops above $2842.75 and sits on top of it for a couple days the probability of profiting on a short trade diminish.

Good luck next week gentlemen
-RH

Kommentera:

Note to Self:
Never make Buy/Sell calls during a Fed FOMC announcement week

Note to Self:
Look at the economic calendar each week