If we go much higher the trade is over. Target 1 is point B and we hit that. While this annoys me to no end (that this very strong, accurate harmonic only achieved the first target) but that's par for the course with this clown show :)
코멘트
⋅
I don't think opening another small short on Sunday would be the worst idea. Since we're back here now at the entry area, is it is possible to continue the trade. That said, probably it's best to move on. With harmonics always split your trades and be sure to take profit at each target. In this case that would be B, C, then A. A highly ambitious reversal could target something like, a 127% extension of the CD wave. That seems unlikely here.
코멘트
⋅
As long as we're below 3200 the possibility is there of more targets. I just don't really bet against this market that heavy anymore. Be happy when these harmonics do hit targets even if they're smaller profits
코멘트
⋅
Anyways, 3140~ is the level to break for bears. 3200 is what the bulls are going after. If you believe in that sort of thing