The Emini topped out at 3,008 with Exhaustion buying and “End of Trend” signals on the highest timeframe. We then spent 30 minutes in congestion under the Highs – during which we had a large cluster of Professional bars getting set for the selloff. Confirmation came when we dropped through 3,005 and the Combo trend signalled Short. And the move ended 12 points lower, when the Professional bars came back in to take profits.
Good luck with your Emini trading tomorrow.