Thursday, July 24, 2014

E-Mini Russell Futures Day Trading Strategy; Selling resistance above back to a new low

Russell 6JJBar
The Russell caught quite a bit of aggressive selling pushing us into a 123 reversal but were met with a fake-break low.

I am waiting for price to pull higher to sell from 1158.7 and 1161.0 right back down to a new low once again.

The first target will  be previous structure first sitting around 1156.8's with the final target back to the low of 1152.9.

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