For Friday,
Volume over Thursday continues to develop lower and lower in the eMini S&P - a pop up to 1363 area on low volume looks like a great opportunity to sell. When the market trades more at lower prices, take the hint - sell the rallies.
Upcoming Reports:
Friday:
Personal Income and Outlays 7:30 CT
NAPM-Chicago 8:45 CT
Consumer Sentiment 9:00 CT
From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Fri, 29 Feb:
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.
