Currently: Long Looking to: Sell at 122.61
As of 10/19/18 close: Price 11797.0
Last week, I suggested holding longs until 121.25 and honoring stops below 116. I also suggested shorting at 122.99 with stops above 123.25.
TY futures are still holding above 116 but havent yet made anything close to a bounce happen. In theory, we should see that elusive bounce up to either 122.61 or 123.71 (using EW / Fibo rules).
Hold longs until 122.61 and look to short at 123.71 with stops above 124 and use 113.75 as the downside target.