Emini Podcast / The Daily Futures 11/21/11
(QQQQ)(DIA)(SPY)(GLD)(SLV)
So what did CFRN Partner's know about the late day rally that you may not have known...?
What did CFRN Partner's know at the opening bell that you might not have known?
Here's a hint: WTZ 1196/1197
Being on the right side of that Weekly Trading Zone (big red 8:30 candle) was potentially worth 15.5 points. As we discussed on the show last week, important areas are almost always tested. Without any formal training you could have simply been a seller at the Zone today, and done well. Twice.
15 point Drop followed by a 10 point drop. That's 25 points of potential inside a 15 point daily range. Remember, it's only Potential if you aren't available and you don't take the trade.
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