Monday, May 19, 2014

E-Mini Russell Futures Day Trading Strategy; Buying the WAVE to new highs

Russell 8JJ Bar
I am watching the Russell push to new highs today and pullback a bit for some profit taking.

I am waiting for price to dip back to 1111.8, 1110.9 and possible lower as well at 1109.7 and 1109.0 to buy it back up to the highs.

I will be targeting the initial highs first back at 1115.3 but also looking for an extended target back at 1116.6.

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