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E-mini Executors: Neutral,Slightly Bullish

Thursday, January 7, 2010

Neutral,Slightly Bullish


We are making new highs everyday with lighter volume. At some point you should see some selling because the longs get exhausted, and they get out of some of their positions. I am not very convinced on either side of the market right now. As I have said before, stick with the trend. The trend is up, so I am still slightly bullish. Pullbacks are healthy and necessary so be ready if they happen. Support is 112500 and resistance is 113725.

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