Mini-Russell Day Trading Strategy

The mini-russell is still sitting at the Major Resistance of 832.0 which is the completion of the major AB=CD Pattern so it is a very strong level of resistance. Price action sitting sideways at this resistance and trading in the range from wednesday.

As price im going to sell until we get a pullback above the 832.0.  if price falls im going to buy the Previous Low of Day first and then sell a retracement with new 819.0.

Mini Russell Day Trading Strategy

When we dig under the surface a little more using the 34-range chart we can see the trigger zones created by the recent swing lows and swing highs which makes us concerned selling before we get below the 816.0 trigger zone support.  Buy the PLOD as support and if the sellers fail to push price below 816.0 we will buy when it re-enters above the PLOD.