Mini Russell Day Trading Strategy

We have been trying to find the best opportunities for us to execute our day trading strategy on the russell this week, and have had a hard time getting intovent had many pullbacks along the way to new highs on low volume all week.

We can see the major bull price channel, we can see the major AB=CD Pattern, and we can see that we have to wait to sell the highs of the short term channel or buy deep pullbacks to avoid getting left caught long when this market finally reverses.

Mini Russell Day Trading Strategy

Russell 34-range chart shows us we are clearly well above the channel highs, and since the volume has been low all week, and today is a friday we have to beware trading into the highs.  We want to wait and buy a pullback on the 13range and 21range charts.