Emini broke through support and reached 1,066 today. We need to see less selling pressure in order to signal a change in trend – and today's activity has me concerned. In addition, the safe bets (US Dollar and Treasury Bonds) were popular.
Emini Not Seeing Less Selling Pressure (Emini 45 min)
The video below runs through some charts and also shows my favorite Emini day trading setup picking the high for the day. I wish all trades were so picture perfect.
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Emini Day Trading Setup – 29 January 2010 (10:01)
Good luck next week with your Emini day trading.