Can’t believe it’s June already. And we continue to just creep higher and higher on light volume. The Emini is making RAMBO patterns on the weekly chart, but these can take a while to roll over.
Today the Emini had an early sell-off. But when the Exhaustion volume and Professionals stepped in, we bottomed out and reversed. It was well inside the 11 am window for a valid reversal and we bounced back to close near the day’s highs.
Good luck with your Emini trading this week.