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Slippery Plate Monday Wrap Up Video
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Slippery Plate Monday Wrap Up Video

Slippery Plate Monday Wrap Up Video

by The MoleFebruary 3, 2014

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 😉

Equities literally fell off the plate today and the selling continued all the way into the close. Viewed via the Zero indicator this was a text-book sell off session as the Zero Lite never managed to push above the zero mark. Pay close attention – this is exactly how fear and panic looks like on the way down. There was no reason to look up or to expect a bounce anytime during this session.

Bonus Chart:

Heisenberg caught a nice entry on the spoos today a bit over 1770. Let’s see how far it manages to ride it.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.

Cheers,

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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