Two small range days in a row and so I’m looking for a large range day tomorrow. In the video I explain why I think the uptrend is still in place and so my expectation is a breakout to the upside – but I’ll trade whatever signals the market gives me.
For me, Tuesday and Wednesday were virtually identical with lows being made about 45 minutes after the open. I had setups with cyclical turns on the 4,500 tick chart coinciding with “End of Trend” signals on the 1,500 and 500 tick charts. Tuesday’s activity formed a double bottom and Wednesday was more an inverted “head and shoulder” pattern.
If you’re reading this article via email or RSS reader, then follow this link to view the Head and Shoulders and Double Bottom Patterns video on the website.
HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD
Head and Shoulders and Double Bottom Patterns (15:59)
Good luck with your Emini trading tomorrow.
