I don't buy the "Fat Finger" propaganda. What Thursday's crash shows is we have less confidence in equities and systemic weakness in the way the different equity exchanges work together – and if it's happened once, it'll happen again. Maybe even "gamed".
Video about the big picture today. I'm waiting for an "End of Trend" warning signal on the 45 minute chart to coincide with a Cyclical Turn on the Emini daily chart. Next week will be interesting.
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HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD
Emini Trading Charts (11:41)
I'll post some real-time Emini Day Trades taken over the last couple of days tomorrow. Enjoy your weekend.
