Jumping To The Front Of The Line

Why do technical patterns work? Because they will often help to time your
entry into a position.

09:59:00

Intraday Setup Alert

The e-mini S&P futures (ESZ2)
are breaking down out of a counter trend rally. ESZ2 is down 9.00 at 882.75.

The technical pattern already had you positioned in the trade, in front of
the consumer confidence report that fueled the downdraft.

While news is important when trading, so are technicals. Use both in your
trading, and you will find yourself on the right side of things more often.

Until tomorrow,