Wednesday, May 21, 2014

E-Mini Russell Futures Day Trading Strategy; Selling the WAVE short

Russell 8JJ Bar
I am watching the Russell continue its fall lower with the strength from the sellers on a 89 Wave.

I am looking for price to get to 1095.8-1097.4 to sell this market right back down again. If it does go higher I will also be looking to sell 1097.6.

Once it starts falling again, I will be targeting the lows for my initial target at 1090.0 with my extended target down at 1085.4.

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