Yesterday’s use of the Atlas Line on the E-Mini S&P was fantastic for those who traded it. A double bar long followed by a bounce long signal was given a bit after 9:30 a.m. Following the Atlas Line’s instruction, we entered the trade long. At around 10:25 a.m. we started to panic a bit, however, the Atlas Line proved accurate as usual with price steadily rising throughout the morning. This was one of those days of decent volatility where either scalping would have worked or just riding out the Atlas Line.

Atlas Line Trading E-Mini S&P

See the full-size image here.

As mentioned in a previous post, days of reasonable volatility like these are hard to come by. It’s always good to have a price action indicator / trading system by your side like the Atlas Line just in case.