Wednesday, July 30, 2014

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

Russell 6JJBar
The Russell has pushed back down for a new low but was met with a fake-break low and reversed higher.

I am looking for price to rise a bit higher to sell at 1143.9 and 1146.0 back down to the lows once more.

The first target will be the BMT's sitting in the middle around 1142's with the final target back to the lows at 1138.6.

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