Emini Trading Update – Wednesday 25 Apr 2012 (11:28)
Small range day today with only 7.5 points of range on the Emini. We’ve got a few days to run before cyclical Resistance pops up on the Emini chart. The 45 minute chart has broken into an uptrend – so let’s see where this takes us. Apple (AAPL) – a key psychological component of the market – has held after the recent weakness, with large (Professional) volume coming in. So that’s good for a continuation of the uptrend too.
Good luck with your Emini trading.