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ALSI FUTURES TARGETS

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Rams
Super Contributor
What targets you guys have...still have 1 contract left on the short and stop on profit... I have 28500 and considering adding another if this bounce reverses to the downside...
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26 REPLIES 26
Not applicable
Rams not sure whether correction to the downside is complete.But i would rather be long than short for now.
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FEK
Super Contributor
If long what are your targets ?????
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Rams
Super Contributor
stopped out....but not so sure about long yet....looking at 1 hour ALSI and SP500 charts still bearish divergence.. so maybe down then up... neutral now
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Not applicable
Targets for today?
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Ninja
Super Contributor
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Rams
Super Contributor
to close the gap....
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FEK
Super Contributor
Yes targets for today, can you give me alsi top 40 as well.....
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Rams
Super Contributor
and gap closure will complete a classic Elliot Wave 5 up( 10 or 15 min chart).....but overbought so before piling in , look for bearish divergence at 5940 or the way up to that level...best shorting signal
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Not applicable
For the moment not in a trade.If it turns out to be long i will target 28950 to 29050.If short i will not take it but wait for a new long entry.
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Not applicable
dont forget Big data at 2.30 from US..might give market a shake
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Rams
Super Contributor
thanks for that...whats it about
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Not applicable
Prelim GDP q/q and Unemployment Claims
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Not applicable
Yip shaking alright
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Rams
Super Contributor
would explain all that divergence on the Indices while price was going up!
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Rams
Super Contributor
this market is now not tradeable without wide stops!....Goin fishing
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Preston
Super Contributor
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Not applicable
Its a short..or looks like one, but safex is so slow..like trading in slow mo..
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Rams
Super Contributor
this zone on ALSI....29100 to 29300.... been tested 3 times and now back there for the 4th time...retraced 100% of previous downtrend on 1 hour chart so will maintain long to target 29300 intraday as long as 1 hour trend remains intact
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FEK
Super Contributor
What would be the alsi top 40 targets to upside in the next couple of days ?????????
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