Today’s Nefarious Scheme
Today’s Nefarious Scheme
Equities may be ready to paint a retracement here but we need to see a bit more context. If you’re already long since yesterday then you got a perfect entry and I suggest you do nothing and keep your stops loose. However if you’re still looking for an entry opportunity then you may want to consider the following:
On the E-Mini I’m waiting for a little drop toward 1920 to grab a small long position.
I would be splitting my exposure with the NQ where I would like to see a touch of 4300. In terms of timing an hour or two after the open would be perfect. I know – I’m not asking for too much, am I?
FYI – even if this one works out I plan to be nimble as I’m effectively trading against the medium term trend.
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