November 1, 2012
- in Uncategorized by schooloftrade
Mini-russell price reversal earns lunchtime profits
We certainly saw this winning trade coming a mile away! We had been trying to push new highs all morning on the Russell, with our traders buying the highs for some easy profits. After the buyers gave up at the highs we began to look very bearish, and our guidance in our trade room over lunch is to sell the highs on this Mini-Russell Market. We are also watching the short on Crude Oil Futures.
