News services are still throwing around the term "uneasiness" when describing the equity markets. This does notbode well for those, like me, who love the bullish markets.
CNN continues to spread the rumor of the Fed cutting interest rates, but the next FOMC meeting isn't scheduled till the 30th. So, till then watch for for falling rocks. Day Trading requires flexibility.
Tomorrow (Friday, Oct 19) we are having an open session in the TradeMaven Inside Edge Research Room.
Join me in the TradeMaven’s Inside Edge Room tomorrow at 8am ET (7am Central)
www.trademaven.omnovia.com/tmaven, the password is “crystal”
Support and Resistance numbers for Friday, Oct 19th:
What is Inside Edge?
A comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features the necessary analytics and execution information in one place to speed up your decision process, keep you on the right side of the market, and eliminate so much of the noise that surrounds trading today. This unique forum is the brainchild of Charles Cochran – a trading pro who has spent the last 15 years fine-tuning a proven methodology that eliminates extraneous information and concentrates on the market activity that matters: the market activity that foretells the market's next move.
