March 15, 2013

Mini-Russell day trading plan

Mini Russell day Trading 

The Mini-Russell
is making our work a little difficult this morning, we really had to roll up
our sleeves and look closely for the resistance levels overhead.  We can see the long term bull price-channel has
an extension resistance level overhead along with double-bottom resistance at
951.0 and symmetry resistance at 998.2. 
We know that this major double-bottom resistance is a big issue for the
buyers, so we are going to sit-on-hands in the short term and wait and see what
this resistance does at 951.0
If we make
new higher-highs above the 951.0 we will then move to buying pullbacks with a
partial target at the price-channel highs and the final runner profit-target at
the 998.2 symmetry resistance.  Join us HERE.

    schooloftrade

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