With the Dow off as much as 300 points on this particular morning, we nevertheless found a profitable trade against the trend in the E-Mini S&Ps. Our success entailed simply going with the flow, since the flow at the time we were looking for action was “up” on the very lesser charts that we typically use for camouflage. This session will be especially useful to index futures traders, since we rationalized each and every price squiggle up to and beyond the moment the trade was initiated. It was a “successful’ trade to the extent that it reached the ‘p’ midpoint where partial-profit taking was possible.
