E-mini SP future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Formation Finder portion from December 6th.
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December E-mini SP:
Do you think we should BUY THIS DIP???
Entering near 2630.00 and risking just under today’s low (2620.00)
…look to risk 12 points or $600.00
OR BUY futures here and BUY December 2630.00 put for 12 points
(option expires on Dec15th and you are protected below 2630.00 for the next 9 days at a cost of $600.00 as well plus 2 points…make sense?)
Target a retracement back to previous highs (2665.00)
Does it make a run to 2700.00?
Take a look at the chart and previous dips…
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