E-Mini S&P (828.75)

9118Rangebound tedium is about to enter its second month, and as long as it continues, any opportunities will likely come from charts comprising 15-minute bars or less. Yesterday’s price action was especially unappetizing, consisting as it did of “dueling” impulse legs on the 15-minute chart. There are times when we should look for other vehicles to trade, and this is one of them.