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

 

 

 

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 / Podcast for Wednesday 02/09/11 | Main | Bernie Madoff With Chump Change Compared To This Swindle »
Wednesday
Feb092011

Emini Futures Trading / Fed Admits Policy Not Working

E-Mini S&P 500 faces headwinds!

The E-Mini S&P 500 attempted to lurch forward as Bernanke spoke about fears of inflation! He stated to the House Panel that 9 % Unemployment was simply too high and the rate of inflation too low to stir away from the current policy stand. Coca Cola and Walt Disney reported strong earnings today holding the market on course. Bank of America also rose toward the end of the day allowing the market to drift higher.  Clearly the market lacked some direction today!  A breeze of economic reports were missing today, anchoring the E-Mini S&P 500 enough to pause at $1322.00. The E-Mini S&P 500 still is in an uptrend. The low of the day was $1311.75.  The close was $1319.25.

Tomorrow, we look forward to the US Initial Jobless Claims and Wholesale Trade at 7:30 AM CST.

Between the Lines

Our Indicator Special expires in 48 hours. Tonight we look at the CF_Cycle Indicator. Again I've removed everything from the chart except the indicator we're focused on. All the information you need is on the chart. We'll cover it tomorrow in detail during the live broadcast.

What to potentially expect tomorrow!  $1304.00 becomes key support with today’s action.  The top of the day may be $1324.75. The point of control or comfort zone of the E-Mini S&P 500 may be $1317.50 for tomorrow’s trading!  The upbeat sentiment continues – the trend is your friend!

The world is a dangerous place, not because of those who do evil,
but because of those who look on and do nothing.
       - Albert Einstein

 

Burton R. Schlichter
Daniels Trading
Senior Market Strategist

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