The March e-mini S&P futures daily bar chart shows that stiff technical resistance at the summertime high continues to turn back rallies. In fact, if there is more downside price action this week a bearish double-top reversal pattern would develop. The recent trading pattern in the e-mini S&P is that just when the bulls appear ready to take off again, they get knocked down. But just when the bears seem ready to wrest control of the market from the bulls, the bulls make a strong resurgence. By the way, I have some educational tools that can help you out. Click here to find out more about my unique educational products.–Jim
Also, check out my reviews of a couple of market analysis software programs that I think are useful for traders. They were developed by markets analysis software pioneer Lou Mendelsohn.
Click below.
Jim Wyckoff’s review of VantagePoint
Jim Wyckoff’s review of TradeShark
| Stay tuned! Jim Wyckoff jim@jimwyckoff.com
(Analytical chart above is derived from FutureSource’s WorkStation) Attention all traders: I have just completed a brand new e-booklet: “62 Rules Used by Profitable Futures Traders.” It’s the best $19.95 investment you’ll ever make on your road to more successful futures trading! Profitable traders follow trading rules. This “e-booklet” contains 62 of the “tried and true” trading rules used by professional futures traders to extract profits from markets. “62 Rules” is a must for less-experienced traders, and a great refresher for the experienced trader looking to regain a trading edge. As with all of my work, “62 Rules” is written in an easy-to-read and easy-to-understand style.Click below to order my new “62 Rules” e-booklet(or call me at 1-319-277-8643 and I’ll take your order, myself.) http://www.jimwyckoff.com/subscribe_to.asp I also have produced an information-packed educational “seminar on a CD” entitled “Trading for Profits in the Real World.” The CD pops right into your computer and you get 2.5 hours of educational instruction from me, including over 100 educational charts detailing the essential trading methods I use to extract profits from markets. Click below to see more details about my seminar on a CD, and on my other educational products that will move you up the ladder of trading success. The cost for all of my educational products combined is way less than one bad trade! Click below for more information on my educational products |
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