Emini Trading Update – Monday 3 Dec 2012 (9:48)
Been a few days since the last update – apologies, couple of other projects taking my time.
So today we sold off after some weak ISM numbers. I think we’re going to test the 1,410 – 1,420 region again before we get resolution. But whether it will end up with a big sell-off, I’m not sure.
Things usually go a little quiet into Xmas. There’s always a chance of a Xmas rally. And until we get resolution on the “Fiscal Cliff” (sick of hearing about that yet?) we’re more likely to get volatility than a decisive trend move.
So head down and hunt out those 4 point trades.
Good luck with your Emini trading.