Members' Area
This area does not yet contain any content.
Emini Futures Trading Blog
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

 

 

 

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 Futures Trading / Full Moon Double Top | Main | Emini Futures Trading / Will The Market Ever Drop Again? »
Tuesday
Jan182011

Emini Futures Trading / Markets Nicely Dressed For Rich Uncle Visit

$1300.00, here we come! There were no significant economic reports out today, so that meant that we could focus on earnings! Apple shares are in focus as Chief Executive Steve Jobs is taking a third medical leave since 2004. The stock took a bit of a tumble in Frankfurt, -8 . Citigroup dropped -5.5. Standard and Poor’s debt rating agency ruled out any possible US Government Debt Default, but the issue is still being debated in Congress regarding the debt ceiling.   

Uncle Hu Wants YOU! Tomorrow, Chinese President Hu Jintao meets with President Obama on Beijing’s currency policy. This is long overdue. The US Dollar has been fairly strong next to the Yuan making US Goods more expensive to our foreign trade. The strengthening of the Yuan may lead to better relations and healthier trade practices. Tomorrow, we look forward to Housing Starts and Permits at 7:30 AM CST. The high of the day was $1295.00 and the low $1282.75.  The comfort zone or potential point of control for this market is $1290.00. 

The after-hours session showed a double top on the 5 minute chart at $1296.25. The E-Mini S&P 500 must still power through $1300.00 to keep its bullish posture. Any failure could escalate some selling action. This market is long overdue for a retracement, but the market action alone will determine tomorrow’s potential range.

What’s the game plan for Wednesday? The bias will be to the upside and we expect the 1300 level to come along shortly. On the other hand, we are aware of what a failure to penetrate $1300.00 could do to this market. 

He who is not courageous enough to take risks will accomplish nothing in life.
Muhammad  Ali

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

Tuesday's Audio Broadcast

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):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>