Wednesday, August 27, 2014

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

Russell 6JJBar
The Russell has formed a fake-break low at the BMT which is giving us areas of resistance to sell now.

I am looking to sell at 1175.0, 1175.8, and 1177.1 right back to new lows again.

The first target will be the BMT's in the middle at 1172.7 with the final target lower at 1170.3.

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