Tick Traders with a quick trading day!
The markets are weak across the board today. A lot of it from concerns from overseas economies. Silver prices are surging on near record demand as well. Read more about that here: http://www.cnbc.com/id/40415761 . Also, President Obama is set to announce a Pay Freeze for Federal Workers this morning at 11:35 AM. It should be an interesting trading week!
We had a quick emini trading day! A nice short NSE trade, just after the opening bell allowed Tick Traders to capture their point profit and take the rest of the day off! We love getting done early – that’s what it’s all about –TIME! Especially during the holiday season! Our emini trading system had 2 more NSE “No Zone” winners as well – all within the first hour of the opening bell! Great way to start the week!
I believe we will see a pretty volatile trading week as the S&P Cash Market is below the critical 1180 level. I suspect we’ll see a bounce in price action this week, or quite possibly this afternoon. But I believe the longer term trend is down. We shall see…..
Enjoy the video and the rest of the day!
David Marsh
