Mini-Russell day trading plan

If price
rises higher we want to look for the fake-out-breakout above the price-wedge and
price-channel highs for the buyers to fail so we can sell short.  As price rises im selling at resistance levels
such as 841.8, 834.2, 829.8 and of course below the PHOD at 828.1.

We MAY have
a small window of opportunity to buy above the 829.8 resistance however if we don’t
get the entry pattern close to the 29.8 we run the risk of chasing after the
trade and trading LONG directly into major resistance at 834.2.  So we can definitely look to buy above the
29.8 and then again above the 34.2 however we have to recall that selling at
these highs of the bearish price-channel is always the high-percentage-trade.  We have to confirm the sellers are NOWHERE to
be found and the buyers are truly in control for us to be ok with buying at new
higher-highs.

If price falls
lower it will falling off the highs of the price-channel so we know that
selling short is consider the high-percentage-trade.  We will sell below the PHOD with a profit-target
at the PLOD, and then look to re-enter, or hold the short position below the PLOD
817.3 with a final profit-target at the support levels below at 808.5, 802.5,
and the major support (best target) just below the 800.0 big-round-number at
796.3.