I'm short YM at 13580. There is a big bearish divergence on YM compared to ER2.(the reverse of what we saw last week). Profit target is 20-50pts to the downside. I'm waiting for an afternoon breakdown. ER2 is making new highs, but YM is still near its opening price. I'm taking some heat on this trade, but it looks like there is strong resistance at 13590 and that traders are buying ER2 instead. I bet this divergence is really messing with traders heads that have been trading YM for the last few weeks.
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