Monday, September 20, 2010

Emini Futures Trading / Weekly Trading Zones - FOMC

Monday September 20, 2010
Bullish Run Ahead of Fed Anouncement 


The December S&P 500 Emini Contract opened slightly lower on Globex Sunday evening, turned up and never really looked back. Our Weekly Trading Zones presented two good pulback entries at 1123/1124 and 1129/1130. The session peaked at the next Weekly Zone 1138/1139. Japan opens in less than 3 hours. By tomorrow morning we should know if we have a real breakout or if what we saw today had more to do with short covering at the 1130 break. Are the Bulls are prepared to turn history on its ear?


Today's Audio Broadcast

Weekly Trading Zones
Mailed to members prior to the open every Monday.

S&P 500 Emini Futures / ES
1154/1155
1138/1139
1129/1130
1123/1124
1113/1114
1107/1108
1091/1092

Dow Emini Futures / YM
10,816
10,685
10,610
10,554
10,479
10,423
10,292

Euro FX / 6E
1.3350/55
1.3210/15
1.3125/30
1.3070/75
1.2990/95
1.2930/35
1.2790/95


Weekly Trading Zones / Daily Review 

S&P 500 Emini Futures / ES
Dow Emini / YM
Euro FX / 6E
 

Pray Hard & Trade Safe!
CT

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