Wednesday, June 18, 2014

E-Mini Russell Futures Day Trading Strategy; Selling the WAVE to new lows

Russell 6JJBar
The Russell has caught a nice move back to new lows on a 789 WAVE lower still below the BMT's and below the cloud.

I am waiting for price to retrace back to sell again at 1167.3-1167.9 and if it can go a bit higher, selling at 1168.7-1169.7.

The first target will be back at the lows first at 1165.0 with the final target projection lower at 1162.1.

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