Monday, June 9, 2014

E-Mini Russell Futures Day Trading Strategy; Selling supplied highs at resistance

Russell 4JJBar
I am watching the Russell continue to catch a bullish move higher and higher and we are now breaking new highs once more.

I am waiting for price to get to 1176.4 and 1179.0 to sell it right back down to the lows for a bit of a profit taking move.

The first target will be at structured support at 1174.0 with the final target sitting down at the lows from 1170.3-1168.7.

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