Thursday, July 29, 2010

Emini Futures Trading / Live Chart Beta Test Continues

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



 Jesus said, "Get up, take your bedroll, start walking." The man was healed on the spot. He picked up his bedroll and walked off.
John 5:8-9 The Message






Do YOU want to be made well?
Jesus raised the dead, cast out devils, opened blind eyes and healed every disease known to man. As well as, fed the poor, calmed the stormy seas, and walked on the water. What these mighty miracles proved was that He had the power over any challenge that presented itself. So whatever your illness might be, or whatever problem you are dealing with, whether it is health related, financially related, or mentally related, write it on this line ________________ and answer the question Jesus asked the invalid at the pool, “Do you want to be made well?” Do you want to break the power of the spirit that keeps you poor, anguished, and in ill health? “Do you really want to be made well?” If you do; you have a part to play in your recovery.


 
LIVE Chart Beta Test
The Beta Test continues... Over the next few days we will continue testing our Live Charts. The audio portion of our program will continue to be broadcast live on CFRN and our daily podcast will still be available for those unable to tune in live. Our broadcast will begin Friday morning @ 11AM EDT. To view charts - Click Here!



Weekly Trading Zones / Daily Results
S&P 500 Emini Futures / ES

S&P 500 Emini Futures / ES


Dow Emini Futures / YM



Today's Setup
The Weekly Trading Zones have been especially generous this week with numerous picture perfect entries. Don't get spoiled... Today during the show we saw what appeared to be a possible double bottom forming on the ES at the 1089/1090 WTZ. We then drew a trend line from the 1113/1114 high of the day down and across the top that formed at the 1107/1108 WTZ which is labeled "A" on the chart below. We surmised that if in fact we did have a double bottom that the move should at least be good to the trend line which also happened to be the 1095/1096 WTZ. Here's where the rubber meets the road - How do we get triggered in? We draw a simple trend line which is labeled "B". If "B" is broken the trade is to "C" our way up to "A". David Williams had just handed us an hourly road map that said to look for an 8 point advance, a pull back and then a continued advance of I believe 10 points. When we closed the show we had completed the ABC and said that a pullback into the WTZ at 1095/1096 could be a good spot for the hourly road map to continue its advance. Just got home from my meeting and had a look at what happened. WOWZA! Love it when that happens. And what's really nice, when I'm away or busy, Burt has legal authorization to execute on my behalf.

S&P 500 Emini Futures / ES 10K Chart

Pray Hard & Trade Safe!
CT

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