Emini Trading Update – Tuesday 22 Jan 2013 (9:58)
Another day closing on the Highs with very weak TRIN readings. I was thinking that by today we’d have some profit taking and the market would be selling off a little.
And this morning started to play out like that – but no. After a spike down this morning with Exhaustion selling we rallied back and went to new highs.
As usual, took profits too soon – but after seeing profit on my first trade Short evaporate I’m always anxious to grab what I can and not sit through any re-trace.
Hope you traded it better than I did.
Good luck with your Emini trading.