Mini-Russell Chart Prep

The Mini-Russell
is trading higher this week overall, but at this time we’re trading directly
into the resistance at 938.0.  We have
two scenarios with this, we may see new higher-highs or we may see this resistance
hold and price-action will move lower. 
If we get new higher-highs we have the directional bias LONG so we will
look for the Max Entry-Trigger to the buy-side. 
If we fail to make new higher-highs and we fall off this resistance we
need to be aware that counter-trend trades SHORT are an option, but they will
be less likely to be a winning position.

The entry
chart on the Mini-Russell shows us the strong bull price-channel along with the
fact that we are at the highs of this price-channel.  We already knew about the major resistance from
the anchor chart, and how the entry chart shows us resistance as well, so its
best we skip trading long until we can get new higher-highs and see how the market
personality reacts to the new higher-highs. 
We can always trade counter-trend short at these highs, and we see the InsideOut
Set-up will get us short below the PHOD down to the lows of the bull price-channel
for the profit-target.