The emini is looking weak in this area. This consolidation suggest more downside. We will look to get short on any smaller time frame bounces. The stop will be just above the resistance area. If we break 1957 we could invite some new selling and squeeze the weak longs. PUKE'M
BUY STOP at 4076 hoping for a 3-4 point push higher.
The more time we consolidate below the most recent highs the higher likely hood we continue to the down side. That being said there is alot of unrest over seas and that can have an effect on the markets so be nimble.
I think the market may rebound if the weekend proves uneventful news-wise. This type of trade requires me to risk $200 to make $200 or more.
Click here for the full video and report: dunn.ly Today I caught a beautiful short on the e-mini S&P 500. While most investors were panicking, my trading students and I were cleaning up shorting the e-mini futures in our trading room. The idea was shorting the secondary move after the 20 point gap down before regular market open. You can't see it on the...