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Price Action Trading The Range Trap On The E-Mini S&P 500 Futures; SchoolOfTrade.com
Today on the E-Mini S&P 500 Futures we saw a VERY interesting range form after the massive drop lower. This gave us clues to look for either the breakout OR the breakout failure.
In this case we had the breakout fail completely shutting down all downside movement before popping higher and finishing the drive back to the highs to finish of a gorgeous upside trade for the buyers!