CME is once again offering an objective short entry at the top of this channel (show on the 2-day period chart). this has been an active trade since the last tag of the upper channel line and quickly played out to hit the first profit target and has recycled back up to the top of the channel to provide another re-entry for anyone who took profits at T1 or a new entry for anyone looking for an objective short. i favor at least T2 on the next move lower if this trade is not stopped out.
