Emini Futures Trading Blog
Members' Area
This area does not yet contain any content.
Members Area
Live Emini Training Room
Christian Financial Radio Network
Emini Broadcast Listen Live


Live Market Commentary

Every Trading Day 12-2pm Eastern

To view our charts and participate
in the live discussion

Click Here




Compatible Trading Platforms


Christian Financial Radio Network BBB Business Review


Trading is risky and not suitable for all people. Please read the CFTC Required Disclosure Page and the CFRN Disclaimer Page as part of our Terms of Service. 


What happens in your E-Mini Live Trading Room?

For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.

live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.
Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.


This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

- R.H. Canada

More testimonials ...

Follow Us
« Emini Trading Open House And You're Invited | Main | Emini FuturesCast / The Daily Pod 03/17/11 »

Emini Futures Trading / Market Pops On Globex Open

E-Mini S&P 500; Inside to lower day with lighter volume?

 The E-Mini S&P 500 had an inside to lower day as we had anticipated.  Volume seems light as traders try to keep up with the global newswires to decipher the extent of impact each “crisis” may have on the market.  We had the Euro Zone debt crisis which is still looming in the shadow at times, then we have the unemployment and housing market woes of the US, then the earthquake and tsunami from Japan creating destruction and now NATO has come forward to declare the “no-fly zone” in Libya as the fighting between the loyalists and rebels heat up.  Maummar Gaddafi is anxious to overtake the rebels by sending air support to incapacitate the rebels.  The UN Security Council had voted on the issue and 10 out of the 15 members had agreed to issue the resolution.  Their agenda focused on the issue of protecting civilians, but at what cost?  Gaddafi threatens retaliation.  The question is on whether other Middle East countries will also look at this resolution as an intervention that is overstepping the boundaries of NATO.   The threat of nuclear meltdown seems to be a project in the works as the technical staff at the power plants in Japan.  The Japanese people are resilient and have the financial ability to cope with the repair necessary after the devastation of the earthquake and tsunami.  Estimates will be coming in for quite some time.  Fears have possibly kept some traders sidelined and the market seems to be in a downward trend.  This may be a good time to point out that the E-Mini S&P 500 has inclined since August 2010 and that the retracements have been slight.  A 50% retracement would take us back to $1152.00.  Perhaps the bulls are stepping aside to see if a washout in the light of various “crisis” is forthcoming.  The bears have been taking it on the chin since August.  It is likely that the conviction of a weak market is jaded by previous strengths.   

Todays, US Initial Jobless Claims fell by 16,000 to 385,000.    The consumer price index in January increased 0.4 percent, following a 0.4 percent jump in December. Overall Industrial Production in February slipped 0.1 percent, following a revised 0.3 percent gain the prior month. The capacity utilization rate for total industry edged down 0.1 percentage point to 76.3 percent. 

Friday, we have no major US economic reports due out.    


Friday, what to expect!  We are technically still in sell mode!  Today’s range was $1274.50 - $1241.25.  The market settled at $1268.75.     Our comfort zone or point of control for this market appears to be $1266.25.   We remain bearish as long as we stay below $1308.00 according to the Daily Chart.  What we anticipate is an inside to higher day as the market is drastically oversold.  Tomorrow is Friday and some of the shorts may wish to offset their positions going into the weekend.  Note: the downward trend is still in place, but it is perhaps necessary for the market to retrace somewhat.  The news on the wires is still fearful, but the market only reacts to the price action of the traders and the allocations will shift.  Earlier this week, we saw the allocations flow into the Treasuries. Tomorrow, the allocations may flow into the tangible markets and the E-Mini S&P 500.   Our anticipated range $1287.50 - $1248.00.   


Intra-day predictive set-ups act as a pathfinder to our members and individuals looking for discipline and structure added to their trading.

Join us for our  FREE Trial.


When money speaks, the truth keeps silent. 
- Russian Proverb-


Best regards,

Leslie Burton

Connect with us: Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>