Wow! What a gift that was :) Price went up just a little over the 127.2% Fib Extension and established the D point of the Butterfly pattern at 1833. That yielded a Target of 1805.87, so I didn't need to change yesterday's estimated initial Target of 1806.
Then we drifted down followed by a slight pull back. Then the bottom fell out and we accelerated down to the Target and then some. In fact, we even hit the secondary Target of the .786AD Fibonacci retracement at 1798.50. The low as of 15:15 ET is 1798.20.
Summary:
Entry: 1830
Exit: 1806.50
Profit 23.5 points * $10/pt (mini-contract) = $235. The full contract, at $100/pt, would have been $2,350.
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