Tuesday E-Mini Wrap Up Video
Tuesday E-Mini Wrap Up Video
Enjoy a re-run of today’s E-Mini session exhibiting participation as measured by our Zero indicator. On the left side is the hourly panel and the Zero Lite runs on the right via the 5-min panel. Swing traders and scalpers are encouraged to watch the 5-min panel for early clues – in particular price/signal divergences and lack of participation as expressed by a flat signal. If you like what you see then may want to watch some earlier ones – you will find plenty of examples of what to look out for and how to avoid common traps when trading the E-Mini. Plus you may enjoy the tunes 😉
Pretty clear session today as we spent most of it below the Zero mark. As shown in the video we started to build a diagonal support line but it did not resolve strongly enough in the late session despite an attempt to punch prices higher. Unless this keeps building higher overnight it’s possible that we see some follow through to the downside in tomorrow’s session.
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Cheers,