May 23, 2014

E-Mini Russell Futures Day Trading Strategy; Buying the WAVE with bullish strength

Russell 12JJBar

I am watching the Russell continue its climb higher with all of this bullish strength to new highs.

I am waiting for price to pullback to 1116.0-1114.8 to buy it back up to fresh new highs. I will also buy it if it falls a bit lower down to 1113.2-1111.2.

The targets on this trade will be back at the initial highs first at 1120.7 with the extended target higher above that at 1126.6.

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