Emini Trading Update – Monday 26 Mar 2012 (6:34)
The rally that set up on Friday continued this morning. Then everything went very quiet before midday and then boom – an explosive rally took off that lasted into the close. Well we’ve now made extreme Exhaustion buying volume signals on the 13,500 and 40,500 tick bar charts.
Looks like blow off activity to me. But got to wait for divergence patterns to set in before any change in trend.
Good luck with your Emini trading.