Today after the close I will be giving a Market Profile class – be sure to join me; it’s FREE and I am certain you will gain a better understanding value in the markets and maybe we’ll have some FUN while we're at it.
Join me in the TradeMaven’s Inside Edge Room today at 4:30 ET (3:30 Central) for this Market Profile Seminar!
www.trademaven.omnovia.com/tmaven, the password is “profile”
Essential Report Due out Wednesday – CPI = Consumer Price Index at 8:30 ET / 7:30 Central. Additionally, the Housing Starts Report is due out at the same time. I really can’t see these reports turning the market around. Still looking for the SHORT side of the trade.
The bottom line is that we haven’t hit bottom yet. The key will be a market close below 1544 in the S&P’s
Day-Trading Support/Resistance for Wednesday:
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.
