$ESU26 – September E-Mini S&P (Last:7722.00)

Thursday’s poke marginally above the green line was a signal to short this gas-bag — although not too aggressively, as I warned in the chat room.  I’ll suggest paper-trading this opportunity just for the informational value, unless you are comfortable use a ‘camouflage’ trigger to drastically reduce entry risk. (The tactic is described in detail in the free source I’ve made available to legacy subscribers and new ones who have signed up for a full year.)  Concerning the trading signal, we should expect it to bring the futures back down to the red line (p=7637.75), at least, where we would typically take a partial profit. Permabears looking for an October ‘surprise’ should take note, however, that the worst this pattern foresees over the near term is a 3.6% fall to d=7437,00

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