Exploiting the Riptide

Index futures are selling off tonight without having gotten short-squeezed very far in the final hour of Monday’s session. This is a sign of impending weakness, but we shouldn’t let that stop us from trying to get a piece of any rally that occurs before the bear re-emerges with a vengeance. I’ve sketched out what I would consider a perfect opportunity to get long for a presumably fleeting joyride in Tuesday’s E-Mini S&P tout, so check it out if you’re game to trade both sides of the market.