The markets were back up and running on Tuesday. The Emini closed up about 10 points but most of the day was spent in a slow decline after almost reaching 1,040 early on.
My hypothesis is that we’ve just formed a bottom. If 1,040 is taken out tomorrow I think we’ll have a little run to the upside. My charts are showing we’ve had exhaustion selling and we’ve put in some Bullish divergence signals. So let’s see …
If you’re reading this article via email or RSS reader, then follow this link to view the Emini Charts for Tuesday video on the website.
HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD
Emini Charts for Tuesday (9:41)
The article on running TradeStation on a Mac is finished. It now includes step-by-step instructions for moving your TradeStation from a PC to a Mac. If you’re interested, take a look. Otherwise if you think you might want to refer to it in the future, remember to bookmark it. Here’s a link to the article: Trading Software for Mac.
Good luck with your Emini trading this week.