Gotta Love the Volatility in the eMini's Market!
Reports Due out Tomorrow, 18 Oct:
Jobless Claims – 8:30 ET/ 7:30 Central
Leading Economic Indicators – 10:00am ET/ 9:00 Central
Philly FED Survey – 12:00pm ET/ 11:00 am Central
I was really surprised to see the eMini S&P’s (Russell 2000, etc.) rally so far in the afternoon. Positive corporate earnings may have caused the rallies, but general worries about the economy as well as rumors of the Fed continuing to slash interest rates have me still looking to the short side in the morning.
I still don’t think we’ve hit bottom yet – Are we having FUN YET?
Thursday (Oct. 18th) we are having an afternoon recap of the TradeMaven Inside Edge Methodology; a comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features all of 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.
Join me in the TradeMaven’s Inside Edge Room Thursday, Oct 18th at 4:30 ET (3:30 Central)
www.trademaven.omnovia.com/tmaven, the password is “profile”
Day-Trading Support/Resistance for Thursday Oct 18th:
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.
