August 7, 2014

E-Mini Russell Futures Day Trading Strategy; Selling the WAVE to new lows

Russell 6JJBar

The Russell caught a big block of selling pressure putting it back down to a new 123 reversal.

I am looking for price to retrace back to sell from 1125.0-1126.0 back down to new lows.

The first target will be near the lows at 1121.8 with the final target projection lower at 1118.5.

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