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eminialgos
May 21, 2020 12:06 PM

Emini S&P - 1-3 comment - still looking at chop Long

E-mini S&P 500 FuturesCME

Description

The next few days should see some chop with an upward bias tilt. I am expecting a pop to the 2975ish level but then some selling hitting. Both the chop systems have flipped into "off" mode and this means the cycles will get longer. If shorting the pop, the long algo is in at 2964 while with exit level around the 2995 level while The Short Algo is expected in near 2976 level but when algos in "off" move, entries and exits tend to me early so patience on trade entries
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