Tuesday, May 20, 2014

E-Mini Russell Futures Day Trading Strategy; Selling the profit taking rally

Russell 8JJ Bar
I am watching the Russell Futures attempt to push higher on a profit taking rally with the selling pressure we had before.

I am waiting for price to get to 1105.1 and 1109.3 to sell it back down again to new lows.

I will first target the BMT in the middle at 1101.7 as the first target but will have my final goal target back at the lows around 1095.8 - 1093.6.

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