Watch for Double Bottom Reversal

A great trade set with a good risk/reward is betting on a double bottom tomorrow. In looking at the E-Minis the market has held at 1163, so tomorrow the market might test the 1168 low from Friday and if that holds we will probably see a counter rally from there. I am planning to buy as close as possible to 1168 and use the previous bottom - 2 points as the stop.