Emini Trading Update – Monday 13 Jan 2014

Emini Trading Update – Monday 13 Jan 2014 (14:12)

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Well we finally got the sell-off. Reversal of the Carry Trade and asset allocators switching from Equities to Bonds finally had an impact.

And this is a significant day – trend moves start with large range, large volume days and continue until we see large range, large volume, capitulation-type days. That’s the theory behind the Better X-Trend indicator, which has now confirmed a downtrend phase in the major indices.

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