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Emini Hits a Wall... and Bounces Hard

4/12/2016

 
Had a nice drop that I was expecting early for a great short trade for 17 points per lot.  The drop was followed by a big hard reversal that screamed up and continued 22 points without looking back.  In the video I was watching the market as it reversed and I was surprised as it really started moving.  Wondered at the time if a reversal was happening or if the downtrend was going to continue, ahhh, if only to know for sure at the time.  The S/R levels and the EminiEdge trading setups, including the dandy EE for a long later in the day were on the button once again.  Gotta trust em, they do the trick... Well, almost every time, nothings perfect!  Realized I had a problem with the audio in the middle of the video, sorry about that.  It picks back up again a couple of minutes later.  Ain't technology wonderful?

Hope you had a good days trading!

​Good Trades,
Trader Joe

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