Emini Futures Trading Update- 17Feb2017

Hello Folks, the S&P500 Emini futures are at 2344.
Today’s Range: 2336.50 – 2347.50. Its is a “doji” candle day, where the
start and close are at nearly same level, indicating indecision, whether
to go higher or go lower.

The latest optional/tactical trade hit Stop loss at 2338 today morning,
taking away 5 points, but we still have good profit for the Feb month.
“Buy Emini Futures at 2343 for Target 2353 with Stop loss 2338.”
Stop loss was hit at 2338 and futures are back at our buying price 2343.
That’s life in a choppy market.

Traders with 5-10 contracts: Here is a new optional/tactical trade.
“Buy Emini Futures at 2344 for Target 2354 with Stop loss 2336.”
This trade can be done with 1-2 contracts.

Traders with 1-2 contracts: Please wait for suitable trade set up. A new
buy signal is coming today now at 2343 but we will have to wait or some
confirmation on Monday for a reliable trade. Thanks.

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