Monday, August 4, 2014

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

Russell 6JJBar
The Russell has dropped quite aggressively off of its attempt to push higher and is now in a 123 reversal lower.

I am looking for prices to retrace a bit to sell from 1108.8-1110.0 as well as the BMT at 1110.3 back to the lows.

The first target is back to the lows at 1104.7 with the final projection target lower at 1100.5.

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