S&P 500 Emini Futures Trading
On the Globex session price rallied to 1130.75, 1 tick shy of our 1131/1132 zone where it (you guessed it) rolled over, corrected, ran the other way. That's an inside joke for those of you who actually listen to the show. By 9:45 exchange time price made it's way back to the zone where it.......yep =)
The price action you see in the red circle is the 1-2-3 top Mike Reed from TradeStalker.com and I were discussing on the show today. The other red arrows are simply opportunities presented by the zone, the ema, or a combination of both. As I type the evening session has opened to little fanfare and is once again back in the 1131/1132 zone.
Don't do it friend! Don't quit! Remember, if you do fall, you fall at His feet...
Press in, press on, and stay tuned to CFRN - 2010 is the year of Open Doors!
Pray Hard & Trade Safe