Russell Currently Trading Sideways, Watch For Breakout.

Russell Futures:

– E-mini Russell futures are trading sideways, but we can see some nice open space above this sideways range so im looking for a breakout trade opportunity at the highs.

– Long above 659.3 with profit targets of 61.5, 65.0 and 67.5 (prev hod)



Russell Futures Day Trading



Crude Oil Futures:

– Crude oil futures are trading right in the middle of the sideways trading range, and in the middle of the bearish channel pattern.

– The best thing to do is wait for price to test the highs/lows and look to play at the edges, avoid the middle!



Crude Oil Futures



Crude Oil Futures Up-Date:

– We also see a new high risk entry with a 2step reversal off the lows on the 13 range chart on crude oil.

– Entry long above 74.49, with targets of 60, 65, and then up to the big round number of 74.95 for the final ¼

o Beware, this is going to be higher risk because we are in the middle of the larger range, at the lows on the shorter timeframe range.



Crude Oil Futures Up-Date