cerealtrades

tightening range will break soon

Long
cerealtrades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
could go either direction but falling support will be broken or rising resistance will break either way volatility will increase
Comment:
4721.25 long target
Trade closed manually:
faked out bull position closed after 2 minutes not breaking to a high
Comment:
4722.25 next long target
Trade closed: target reached:
should rattle long closed
Comment:
if we set a higher low and move toward a break of the highs 5 min we should head toward 4724.5
Trade closed: stop reached:
should stop out of any longs 5 minute
Comment:
testing any support above 2720 could be a reentry target for longs
Trade active:
4721.5 seems like a 1 minute low
Comment:
long target should be 4722.25
Trade closed: target reached
Comment:
4723.25 next long target if 1 minute low holds and high vreaks
Trade active:
targeting sell 1 minute high
stopping out 5 minute low
Comment:
provided 4721 holds 4722.75 is the next long target
Trade closed manually:
closed .25 shy of target
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