NDX100: Leaning in a little...
Wednesday, 3rd June DID produce many a Signal.......
1/2 Day NDX100 Chart registered a Key Reversal last Wednesday 06/03 Morning Trade: Afternoon Trade Opportunity to place a Tactical Short @ 30,625 w/in 1/2 % of said Reversal's Record Intra~ Day Highs @ 30,762. (Let's NOT forget that Wednesday = Day 13 of TdM Countdown & Set- Up Day 9)
Low Print since @ 28,196 => Below our initial 7% Targeted Reversion Trade to the Weekly 9EMA @ 28,300 (& Rising) BUT a 7 1/2 % + P/L. (β9EMA Weekly Reversion ~28,100 = 7% Correction, 9EMA @ 28,270 & rising")
Risk Reward Metric: Risk 1% for 7.5% Gains; Tactical & w/in 5 Trading sessions.
