Emini Futures Trading Update- 21Feb2017

Hello Folks, the S&P500 Emini futures are at 2361.50
The set up is 50-50 for any trade, and not looking reliable at this
extended level of market. Therefore Traders with 1-2 contracts have to
wait patiently for a suitable opportunity.

Traders with 5-10 contracts: There are two new optional/tactical trades.
(A) “Buy Emini Futures at 2362 for Target 2373 with Stop loss 2356.”
(B) “Sell Emini Futures at/below 2348 for Target 2300 with Stop loss 2365.”
These trades can be done with 1-2 contracts.

—————————- Original Message —————————-
Subject: Emini Futures Trading – 21 Feb 2017
Date: Tue, February 21, 2017 12:25 pm
To: info [@] eminifuturestrading.biz
Hello Folks, the S&P500 Emini futures are at 2358.50
Today’s Range: 2349.00 – 2364.50

A buy signal came above 2357 but there is selling pressure at 2360-2365
level and a reliable long trade is not there. Today’s upmove looks like
short covering and we have to see if the gains hold till end of day.

There is no immediate trade. I am doing the market technical analysis and
will reply again after an hour. Thanks.

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