Thursday, April 1, 2010

E-minis 60m Chart

It theoretically should just dump here. you never know in this game, though. the 30m chart is even more bearish. 25% capacity in the pits means nothing may happen on this Thursday before the holiday. Futures are open tomorrow, so do not swing anything based on these charts. The Fed is always open and the algo driven bots never sleep, so beware any trade anything short. See that lower pink support line? If jobs disappoint that may be the spot. There is a chance a good number is priced in. this double top would be a nice place to end it all.

Happy Easter!