day trading emini

Chart Folder - December 2, 2003:


Market was a little out of sync this morning during the workshop. We had a lot of chop and no muscle.

Turn Around Tuesday...if the market was up on Monday then it should move lower on Tuesday...But when do you know it's going to move lower? Look at the chart and the Double Blip at 1:45, that is a very strong signal, and at a time the Market likes to move lower...most of the time we only get about 2 or 3 highs after the first hour.

Anyway remember this set-up and think about taking second red candle when it breaks below the first red candle.

Hope these charts help you see things in a different light.

emini chart


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