April 21, 2016
- in Uncategorized by schooloftrade
Fading The Buy Failure On The E-Mini S&P500 Futures; SchoolOfTrade.com
Today we had a relatively slow range bound day with a spike and channel formation to kick off the move towards the downside for the sellers. The buyers tried to get the breakout move back up and completely fell apart leading into a large sell back down.
This type of failure is a great clue on what is going on and what is likely to happen and gave a huge warning sign of the pending sellers coming in to short it to the lows!
===========================================================
Test-Drive our Advanced Membership Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member
