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Thursday, September 29, 2016

Negative Divergence at a Confluence of Resistance


Trading Concepts, Inc. http://ift.tt/2cZnWyW

In today’s video, I recorded a live trade in the E-Mini S&P 500 futures contract that resulted in a gain of $300 trading just two contracts (was up $200 from earlier this morning). The market was bearish and pulled back to at/near its 50% of the day and in confluence with several other key price levels setting up a high probability and low risk short trade. I hope this helps and have a great day!
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