Yesterday’s price action was filled with numerous traps for traders, even deft camouflageurs. At day’s end the futures looked bound for the 1298.75 downside target shown, but I wouldn’t suggest trying to bottom-fish there unless you can handle a reversal pattern on a chart of 5-minute degree or less, or a stop-loss as tight as 1.00 point on a straight bid. If at least two traders reports fills, I’ll establish a tracking position for your further guidance.
