Emini Futures Trading and Geometric Magic
Garrett Jones just published his latest copy of Observations and joined the show to discuss some things you'll find quite fascinating if you're an Emini Futures Trader, have an interest in Emini's or just plain love the market with all it's intricacies.
We opened with Michael doing a complete recap of every trade set-up from the Live Emini Training Room this morning. John (rapidly becoming on the shows new stars), arrived at 12:40pm EST for a "Big Picture" look and after Garrett shared his "Geometric Magic", I brought it home with a complete recap of every single Concierge Emini Trade Alert emailed to subscribers Monday night for the Tuesday Session 01/17/17.
To watch videos of the Concierge Emini Trade Alerts going back years, go to Emini.CFRN.net.
To watch today's show, simply click the headphones above or the link below.
Here's a peek at Tuesday's Concierge Trade Alerts -
Concierge Trade Alerts for Tuesday 0/17/17
Observations by Garrett Jones
I find it fascinating that almost everyone I speak with is in a "wait and see" mode. Not long ago we were waiting to see who would win the election. Then we were waiting for year-end. Now we are waiting for the Inauguration and next we will be concerned about the First 100 Days. The reason for this 'wait & see' approach is simple.
The bulls have now seen the market move to a level where market sentiment is now fully in the 'take defensive action' mode which will keep the smart bulls from any further exposure. At the same time, the bears have been penalized for taking positions and are, therefore, reluctant to take further risk with downside bets. This stagnation has been in play since mid December and, more recently, from the end of the first week of this year.
This is interesting because when bulls aren't buying and bears aren't selling, something has to give. Today it was the banking sector. The entire group was down hard today and many issues closed below recent support. Could this be the start of the correction that has been anticipated for so long? Well, it was banking stocks that led the rally and banking stocks that went much higher than anyone expected, so it isn't that much of a stretch to assume they may lead any correction. Most of the bank stocks have not advanced since the first week of December. While they haven't fallen much, they haven't advanced either. Smart money may have decided to take profits as opposed to waiting and possibly seeing their profits diminish. By selling in 2017, the expectation is for the tax burden to be significantly less.
Every Republican president since Teddy Roosevelt has dealt with a recession/correction in his first term. When a Republican president has replaced a Democrat president, the corrections have been rough at least in the first couple of years. Examples: Nixon (1968-70), Reagan (1980-82) and George W. Bush (2000-02). We may have a case of "Buy the election, Sell the Inauguration" -- and that selling may have just begun. GJ
A very special thanks to Garrett for making a copy available to the CFRN audience of Observations #86. To download your Free Complete Copy just Click Here!
If you have questions or comments for Garrett email him Garrett@CFRN.net Just put Observations in the subject line to make sure he gets it.
Concierge Trade Alerts
Just $1.00 will get you a trial of our Concierge Trade Alerts for a Week, plus access to the Live Training Room (2 hours a day for 5 days). Use of our Indicator Set and a Demo Platform if needed. You also get 45 minutes of "One on One Mentoring" during your trial.
To get started just Click Here > https://goo.gl/QQc1yQ
That's a lot for a buck. If for any reason you are unhappy with your trial, we'll even give the buck back.
Nothing to lose, the world to gain. Click Here > https://goo.gl/QQc1yQ
Do not worry, after the $1.00, you will be charged nothing. To become a Subscriber click here - $497 per month!
Can You Do It? DO YOU WANT TO KNOW?
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
FIND OUT AND GET ON WITH YOUR LIFE
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
The email is filled with instructions.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
See you in the Trading Room - Apply.CFRN.net .
CATCH OUR LIVE STREAM DAILY
Read My Digital Diary for the past 3 Years
Live Charts / Lively Discussion / Participate in the discussion...
Call us toll free @ 866-928-3310 during normal business hours.
After Dark - email firstname.lastname@example.org or call 949-42-EMINI