The larger degree trend Part 2

In the 15min Russell Index chart (post below) the picture was very unclear, but now compare this to the 15min YM (chart to the right) and I hope you can all see how the picture was a lot clearer, with the 15min YM reversing off DP resistance mid morning.

So what would common sense tell you to do if you have a clear picture on the YM but not on the Russell ?

Exactly, pass on the Russell and focus on the YM for shorter term trades.... so let’s take a look at the 3min YM in the next post

Thanks, Steve