prediction based Trade 37: US market May 9

Dow 30 down 88 points after 90 minutes of trade and nasdaq comp down less than points off day’s low of  - 20 points

 

Market expected to stage bounceback (at least temporarily)

 

Buy 1 mini dow futures if dow 30 is down -110 points in next 70 minutes

 

Buy 1 mini Nasdaq com futures if nasdaq is down 15 points in next one hour

 

Stop loss if dow 30 goes down further 50 points

Stop loss if nasdaq goes another 10 points from point of purchase

 

Protect profits if dow 30 rises 50 points from point of purchase and nasdaq rises 15 points from point of purchase

 

 

 

 

 

Disclaimer: All risk to be borne by traders/investors