Emini Trading Update – Wednesday 2 Oct 2013 (13:39)
That’s two days in a row when they force us up to close on or near the highs – but all I can see is clusters of Professional bars, taking profits when they ramp it up.
On Tuesday they ramped it up into the 1,690s. Today, Wednesday all they could manage was a ramp up into the 1,680s. And we’ve not had that exhaustion selling signal I’m looking for on the 45 minute (or 40,500 tick) chart.
The Euro made another push up today to close above 1.35. And here’s a useful video talking about trends and cycles in multiple time frames.
Good luck with your Emini trading.
