Learn to Trade Emini Futures - Emini Podcast 01/19/12
(QQQQ)(DIA)(SPY)(GLD)(SLV)
The S&P500 Emini continued cautiously higher today on the back of better than expected employment numbers and positive earnings reports. The lack of volatility when Wall Street opens has become palpable. Today we saw very disappointing numbers from the Philly Fed and yet the market seemed numb. Is this the calm before the storm? Are we seeing a slow motion top being put in place? Almost every chartist, technical analyst and indicator out there seems certain that we are pressing into upside levels that aren't easily broken. I will cast my lot once I see price trade above 1330 or back below 1264.
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