March 13, 2013
- in Uncategorized by schooloftrade
E-Mini S&P Chart Prep
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| E-Mini ES Day Trading |
The Anchor
chart on the E-Mini S&P shows us a strong bullish price-channel along with
major resistance from the symmetry set-up.
We cannot buy right now at the highs of the price-channel because the resistance
is too strong, and even if the buyers are in control we will have a very
challenging time getting into long positions at these highs. We are looking to SELL the highs, and we need
to see a new lower-low along with the entry signal SHORT on our entry charts.
