Emini Trading Update – Monday 6 Jan 2014 (9:34)
Back into it and a little bit hairy on my first day trading in almost 3 weeks. My mistakes always come from over-trading and not waiting for the clear signal setups to develop. Anyway, dug myself out of a hole, so happy with that.
We’ve got a downside bias at the moment as Better Sine Wave is making a Resistance to Support move. That also coincides with weakness in Better TRIN. And we’ve still got to see proper Exhaustion Selling before the down move is over. So that’s what I’ll be looking for over the next few days.
Good luck with your Emini trading.