Friday, October 4, 2013

Mini-Russell Day trading strategy;

Mini-Russell Anchor Chart
The Mini-Russell is trading higher this morning and has recently tested the trend-line and trigger-zone resistance at 1073.6 which means we are trading at the top of the price-wedge and looking for a selling-opportunity at this time.

The opening-print on the Mini-Russell tells us this market personality should range-bound so we want to sell the highs and buy-the-lows at support.

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