There is still little doubt the futures will reach the 6429.00 target identified here earlier. I had suggested buying on a dip to 6244.50, but the weekly low missed touching that number by 1.75 points. This underscores the value of the reverse-pattern setup, since it could have been used to get long ahead of a so-far 90-point rally with just a few points of entry risk. Some subscribers reported boarding near the low nevertheless, and I would suggest maintaining the position with an ‘impulsive’ stop until 6429.00 is reached.
ESU25 – Sep E-Mini S&Ps (Last:6294.00)
