Emini Trading Update – Thursday 28 Jul 2011 (15:47)
We’re still hunting for that bottom – but today was a classic. Bottomed with End of Trend on 4,500 tick chart then rallied right into Pull Back in a downtrend on the 13,500 tick chart (next time frame up). Almost as if there was a script that was being followed – are the Professionals and Amateurs that predictable?
So looking for End of Trend on 13,500 tick tomorrow and if that holds we’ll rally back.
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