VTI bounces overnight $284 to $287 (4hr chart)

2024年10月23日

MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...

Here's why I'm picking this symbol to do the thing.

Price at bottom of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative
Price at near Fibonacci level
In at $284
Target is $287 or channel top
Stop loss is $283

2024年10月25日

交易結束：目標達成

Closing position with profit!
SUCCESS!