An E-Mini S&P Target for Night Owls

Hard overnight selling is challenging DaBoyz to find a low from which they can short-squeeze the futures up the old wazoo.

The June contract is trading for around 5239 at the moment (9:04 p.m. EDT), down around 62 points, but my guess is it will have to fall a further 201 points, to 5038.75, before sellers are exhausted.

 

FREE TRIAL OFFER

Be sure to try the premium Rick’s Gold and Bitcoin Radar and lock on to accurate gold and Bitcoin price targets and sharp strategies to keep the turbulence of these markets on your screen, and not on your nerves. Complementary to the radar is the premium Rick’s Trading Room, a 24/7 hub of market-savvy traders sharing real-time updates and actionable ideas. It’s the ultimate combo. Sign up for a free 7-day trial.