Emini Futures Trading Update- 15Feb2017

spx500-emini-futures-daily-chart-2350-15feb2017

The Emini S&P500 Futures are at 2350.
Strong upmove continues with no sign of profit taking.
Looks like there are more points on upside before any selling can come.

Traders with 5-10 contracts: If the optional/tactical Sell trade given for you
earlier today hits its stop loss at 2352, then you can do a new long trade
from there as follows, with 1-2 contracts. This is an optional/tactical trade.
“Buy Emini Futures at 2352 for Target 2361 with Stop loss 2342.”

Traders with 1-2 contracts: Please wait for suitable trade set up. We
have 26 points in the bag this month, and we can aim for another good
trade of 10-12 points if we get a reliable set up. Current market rally
looks extended and can easily take points away from us. So we have to be
cautious. Thanks.

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