Well we’re back down, looking into the barrel of 1,981 on the Emini again. A couple of days ago the Professionals took us to that level and generated a nice 34 point rally. But then they stepped in at 2,020 and again at 2,017 on Friday. Now Supports are failing and 1,981 is in play.
A break to the downside could get ugly and I’ll be watching the Emini open on Sunday evening.
Good luck with your Emini trading next week.