CME_MINI:ESZ2016   S&P 500 E-MINI FUTURES
15 0 1
These slow-grind, low volume , rallies are the worst (for day scalp and swing traders). Monday was a dud and hoping for some action today. The thing with these set ups is that what goes up, must come down, but you don't want to be first. I instinctively want to sell, but will be patient as the current up wave is still forming. I'll be keeping an eye on the indicators that will give clues of exhaustion because a sweet short entry will pay off. Would like to see a pop w/ some speed, instead of this slow nonsense. After the up wave is completed we'll see our retracement area/Bull Zone that we want to play. As of now 2136 is the level but that will change depending on this annoying, weak bull charge wave. So Stay tuned...
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