Tuesday, June 15, 2010

Emini Futures Trading / The Abundant Life

(QQQQ)(DIA)(SPY)(GLD)

"Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap…"
(Luke 6:38, NIV)


We learn brevity from Jesus
His greatest sermon can be read in eight minutes (Matthew 5-7)
He summarized prayer in five phrases (Matthew 6:9-13).
He silenced accusers with one challenge (John 8:7).
He rescued a soul with one sentence (Luke 23:43).
He summarized the Law in three verses (Mark 12:29-31).
He reduced all his teaching to one command (John 15:12).
He made his point and went home.

I am short on time tonight so I myself will strive to be brief. We has some excellent setups during today's show on the ES / YM and even the Beans. 

Page Trader Daily Results 


Stack Trade Daily Results


The market had a big up day and broke the recent trading range. The ES opened higher, and then the 1097.00 resistance was sold and the ES dropped to 1092.50. That was reversed and I stated that the top of the range could be tested if that area held. The ES made its way there, reaching 1101.25, and pulled back. The updated support at 1098 held on a dip and it lead to a breakout over 1102.00. That held on a pullback and the 1111-1112 resistance was reached with 5 minutes left in stock trading. Is it all clear now?

Weekly Trading Zones Daily Results
Last night we pointed out the importance of 1092/1093 on the overnight session. Here's why...


Pray Hard & Trade Safe!
CT

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