CME made a perfect tag of T2 today for an 11.2% gain from the last posted short entry so take full or partial profits and/or lower your stops on the trade, depending on how you plan to trade this one.  i still favor T3 over time but as is very often the case with my targets, we get a counter-bounce exactly on or very close to the targets, even if there are additional targets above or below it.

i had to run out all morning as one of my kids is sick (dr. appt, chest x-rays, etc..) but back now and i’ll try to get caught on the market and post anything that looks compelling. CME was one of the first active trades that i checked when i returned because i was expecting T2 to be hit this week.  here’s the string of the last several 2-day CME charts posted in order with today’s chart last.