June 4, 2014

E-Mini Russell Futures Day Trading Strategy; Selling supplied highs at resistance

Russell 16JJBar

I am watching the Russell get stuck at its lows in a sideways and consolidated type of environment currently.

I am waiting for price to attempt to break higher on a fake-break to sell at 1140.3 and 1149.6 back down to the lows again.

The first target will be the BMT’s floating in the middle of the range at 1125.3 as well as the final target back at the lows from 1116.9-1110.8.

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