Monday, June 21, 2010

Emini Futures Trading / Big Bad Yuan Makes Wall Street Cry

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



“Let all that I am wait quietly before God, for my hope is in him.” Psalms 62:5 (NLT)




Why did David write this? Because he knew God was his only hope of peace. He declared, “My hope is in Him.” It can be the same for you. Today choose to stop the madness. Stop the busyness. Instead choose to wait, wait quietly before God. Know Him, love Him, fellowship with Him. As you do, you will find your hope in God.








The big story on Wall Street this morning was the Yuan and its unpegged potential to spark a summer rally in the U.S. Equity Markets. The euphoria was short  lived....

Who Wins When the Yuan Appreciates?

Who Wins as China Lets the Yuan Move Higher?

Weekly Trading Zones
These are the numbers that were emailed last night to our newsletter subscribers.

S&P 500 Emini Futures / ES
1128/1129
1120/1121
1115/1116
1111/1112
1106/1107
1103/1104
1094/1095
Dow Emini Futures / YM
10,533
10,457
10,416
10,381
10,340
10,305
10,229

To read last night's email Click Here

Weekly Trading Zone Daily Results

On today's show we discussed a price channel on the YM that began last Monday and kicked around a few ideas about where and when it might break. We got our answer just before the closing bell...

Stack Trade Daily Results

Page Trader Daily Results

Pray Hard & Trade Safe!
CT

 

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