July 7, 2014

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

Russell 6JJBar

The Russell is pushing lower and lower now moving into a 15th wave back to new lows once again.

I am waiting for price to retrace back a bit for some profit taking to sell from 1191.7-1192.9 as well as higher from 1194.5-1196.6.

The first target will be back to the lows first at 1186.8 with the final target at the projection lows of 1180.7.

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