7 April 2010

Emini Trading: Update after Wednesday 7 April

Emini trading update for Wednesday. Trend reversals are always set up with Exhaustion buying or selling volume. Wednesday's weakness was the result of Exhaustion buying on Tuesday and Professionals taking profits at the highs.

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HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Emini Trading Update (8:08)

The Emini 4,500 tick chart below showing the Exhaustion volume on Tuesday and also late Wednesday. I'm expecting a Bullish divergence signal on Thursday and a bounce.

Emini Trading Update Image

Emini Trading Update (Emini 4,500 tick)

Good luck with your Emini trading.