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Trading the Emini Bounce Review

1/19/2016

 
Just a quick review of the Emini short covering bounce we had today that I talked about in the update yesterday...  Really expected this bounce to stick, but was conscious that we are still in a downtrend so as always have to keep the trades on a short leash.  In any case, a 10 point bounce is nothing to sneeze at, especially if you can be done with your day by 9:30 AM.  Seems like we're getting our stall here a bit, maybe a continuation of our zebra stampede.  Hope you got a piece of it and hope this is useful to you...

Good Trades,
Trader Joe 

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