Emini Trading Update – Monday 7 Apr 2014 (10:38)
Rushing to get this update out – we’ve got friends staying and so my schedule is a little off. Apologies.
Well the 1,846 level on the Emini did not hold this morning. When it gave way we ran down with another 10-point down trend move. And now we’ve ended the day on the 4,500 tick chart with an “End of Trend” signal.
I think we’ve done enough damage over the last 2 days to get a little bounce from this. We’re not done on the downside by any means. I’m just looking for a bounce back until we find “Pull Back” resistance on the 13,500 tick chart.
Good luck with your Emini trading.