With the recent sell-off in the E-Mini S&P, we have seen the market begin to flatten out as buyers have begun to come back into the market. Whether this is a short term slowdown of the downtrend or whether we could see this market begin to rally back up could be determined by how the market handles resistance areas in trading today.
For more updates from Dave, visit the eMiniDayTrader blog at eMiniDayTrader.com
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Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.