Emini Trading Update – Friday 11 Mar 2011 (18:52)
Very sad news overnight about the Earthquake and Tsunami in Japan. Caused us an anxious few hours here in Hawaii. Hope you and your family are OK.
Friday’s Emini activity puts Thursday’s move in perspective now. I think Wednesday night the Pros were orchestrating a down break designed to “freak you out”. But we still have resistance at 1310, 1320 and 1330 to get through on the upside. More in the video.
Note: In the video I mention the very small number of trades Wednesday night. I forgot this was rollover and when you look at the “old” contract there were the “right” number of trades for an overnight session. Apologies.
So many comments from Thursday’s video – all supportive and not a single unsubscribe. Extraordinary. I’ll post some of the comments up over the weekend – so many of them were very thoughtful and well written. Thank you.
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