OffTheFloorTrader

Oh so close but yet so far

Short
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
After two attempts at getting target #2 we failed! Bummer. That's trading and as we've heard many time, "don't be a dick for a tick", we aren't. Price came within 5 points of our target and back away. We believe price is not done testing the down side so we will hold to our plan. These small bounces are on low volume. On the next visit to the recent lows we expect them to blow through the area and shake out the weak longs. Our stop is still the same.
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