August 25, 2016

Price Action Trading The E-Mini S&P 500 Futures Range Failure; SchoolOfTrade.com


We came in today to see a very sturdy range formation on the overnight session. Sellers attempted to dig into the lows after the US open but completely failed to get anything going before firing right back up towards the highs.

This gave us clues to look for continuation on the move to get to buyer objectives back at the highs of the day and possibly even further to magnet objectives above that!

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