Possible directional short on the e-mini, June contract forming up right at the moment. The time-frame is just a day-trade.
June E-Mini Futures – 6 Hour Chart
Note, I said … possible.
For the next 20 minutes, I wouldn’t want to see ten minute closes above 2113.75. If we begin to break lower, there is a short possibility. I’d really want to see the market start to trade at 2109.50 first, with a weak tape.
Low risk entrances. After that? We are paid to take measured risks, and lock that profit in if it appears by grooming stops …
Edit: 11:52 AM EST – We never got down to 2110, much less 2109.50. We made a new high, so I just scratch the trade completely. No trade. No win. No loss..