12,954 is a buy in Dec Dow Futures. Down 245, now the weak shorts are getting short. Buy it, put in a sell stop, and don’t look at the screen, TV or monitor until tomorrow.
I’d also buy corn, wheat and beans. Time stamp it. 9:36.
Put sell stops in… Don’t be stupid… Manage the risk, but stay long here.
The emotional traders all puked on the 250pt sell off in the Dow.
If you get stopped out, flip and get short. The best level to buy on this break, in my opinion, is 12,777.
The 1/2 point of the 5-month, 1600 pt rally is 12,777.
CER