Emini Trading Update – Thursday 27 Mar 2014 (7:38)
Quick video today.
The strength of the Short covering rally off the early Lows surprised. We rallied 13 points in just over 20 minutes. But even after such a strong move there was a nice little entry to catch the last blow-off activity.
The retrace had Amateur down bars – showing they were being stopped out on their trailing stop (or trying to get Short) – and then the Professionals stepped in and held it at cyclical Support.
Good luck with your Emini trading.