Going Long The September E-Mini DOW Futures
The E-mini DOW futures have been on a nice 7 day winning streak. A possible pullback may create a buying opportunity in coming sessions:
1)Entry: 25010
2)Stop Loss: 24949
3)Profit Target: 25071
4) Risk vs Reward Ratio: 1:1
As long as the current swing high of 25418 remains valid, then this long trade will be on the board. With the FED meeting looming, we may be in a position to see a retracement. If so, trade location just above 25000 is ideal to the bull.
1)Entry: 25010
2)Stop Loss: 24949
3)Profit Target: 25071
4) Risk vs Reward Ratio: 1:1
As long as the current swing high of 25418 remains valid, then this long trade will be on the board. With the FED meeting looming, we may be in a position to see a retracement. If so, trade location just above 25000 is ideal to the bull.