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 FuturesCast / The Daily Pod 03/22/11 | Main | Crude Oil Update / Potential $3 Move On Tap »
Tuesday
Mar222011

Emini Futures Trading / No Fly Zone Over Wall Street

E-Mini S&P 500:  No fly zone over Wall Street?  

The E-Mini S&P 500 had an inside to higher day as we had anticipated, but with lighter volume.  This market has faced headwinds in the recent weeks as Maummar Gaddafi troops rained destruction on protestors who launched revolts against the ruling dictator.  The US has waited for NATO to vote and issue the No Fly Zone over Libya adding that the mission is to save civilians and not oppose the current regime.  Japan has controlled the nuclear incident to the point of giving a renewed confidence in the strength of their industrious nation.  This market needs some buying momentum to jet to new levels.  The Crude Oil has been a drag for the market as inflation concerns may pressure the E-Mini S&P 500.  On the stock side, Netflix Inc. was up 3.2 while Walgreen Co. was down 6.4 .  Sprint Nextel Corp was up 3.9 %.  There are mixed reports and mixed sentiments floating about in the marketplace.  Key factors are:  The allocations of money from the large funds must go somewhere. The housing market, inflation and unemployment are the key components to our recovery and global events have weighed on investor sentiment to a degree of sidelining some traders.  What we look for is the technical price action in the marketplace to give the signal to buy or sell without emotion.  Hindsight is 20/20, but the price patterns do reoccur and can be used to site potential moves.   Tomorrow is a critical day!   We have  an EIA Report on the energies in the morning.  The relationship with the crude oil may be inverse.   Global news may come in any time regarding some events to potentially impact the market.

Today, we had no major US Economic Reports due out.

Wednesday, we look forward to US New Home Sales at 9:00 AM CST.

Wednesday, what to expect!  We are technically in buy mode and we anticipate a better housing number!  Today’s range was $1296.50 - $1287.50.  The market settled at $1288.25.     Our comfort zone or point of control for this market appears to be $1291.00.   We may look to buy this market tomorrow!  We view this as perhaps a possible buy set-up with a potential range of $1308.00 - $1288.00 

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 in our LIVE TRADING ROOM.

 

A goal is not always meant to be reached, it often serves simply as something to aim at.
Bruce Lee

 

Best regards,

Leslie Burton

 

BETWEEN the  LINES

Last night on the chart we offered the following idea - "If you've shorted the Weekly Trading Zone above 1294/1295, lock in some profit at the 1284/1285 level..." If you took heed - BRAVO! Personally I see the 1244/1245 WTZ as a potential downside target by close of business Friday.

We tweeted the following trade ideas in the last 15 minutes of trading today. 

ES- Sell 1286 STOP
YM - Sell 12,940 STOP 

Follow us on Twitter   @CFRN

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>