Emini Breaks 1,880 – Monday 12 May 2014 (11:10)
Well it took two bites at 1,880 to get through. Last Wednesday we’d run out of (cyclical) time for any downtrend to develop. But Thursday’s break above 1,880 didn’t hold.
Today we got a proper break. Kicked off in the Sunday and pre-Open session and kept going right from the Open until the Close. Only 1 million contracts traded though – but what’s new, this has been the story for months (if not years).
Good luck with your Emini trading this week.