Some Emini Charts & Commitment of Traders Update

First of all the Commitment of Traders numbers:

• Professionals now only net Short 1.7% of open interest
• Commitment of Traders Oscillator over-sold at -163

The video shows Wednesday's short setup and Friday's "End of Trend" warning signal on the 13,500 tick chart. However, going forward have we seen enough exhaustion price and volume activity to signal a bottom? The Commitment of Traders Oscillator is certainly bullish and setting up for a low this week.

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Some Emini Charts & Commitment of Traders Update (8:51)

I think we'll see good tradeable swings as the market re-tests Friday's low – and I'll take whatever trades setup. Good luck with your Emini trading next week.