Emini Trading Update – Friday 4 May 2012 (9:53)
For me, Friday’s activity was confirmation that we’ve turned a corner. We’ve put in all the hard work with Exhaustion Buying, First Divergence and Flush volume patterns at the highs. And finally End of Trend signals this week after the uptrend started in December. So it’s time for a decent down swing IMHO.
It’s a beautiful Autumn day here in Sydney, surf’s up and the water is still warm after the Summer. Hope you’re having a great weekend too.
Good luck with your Emini trading.