The trailing stop mentioned in earlier Intraday Alert is now hit on the long, and profits are booked at 2030.50. That’s a ten point profit on a long trade set up based on yesterday’s bearish market action. Not bad for our models’ performance! 

If you have been following the forecasts and trading based off of them and have booked these profits as well, congratulations! Please remind yourself about the wisdom/caution in our commentary just published – NO CRYSTAL BALL – and stick to your trading discipline. 

Both our short term and medium term Models are currently flat and would NOT be entering into any trade for the rest of the day/till Monday due to caution to stay out of geopolitical event risk over the weekend. You probably might want to follow that move as well.