Fellow Traders:

In today’s TRADING ROOM, we were definitely the Grand-A-Day Group of Emini Traders.  We ended our session with a very respectable score of $1,459* (*net of transaction costs of $6/contract).

I had to revise yesterday’s EW count when I saw that the market was gapping down over 20 points.  But, the market’s slow and steady climb back up gave us several conservative trading opportunities.  I topped my GADGET goal in my personal account around 9:30am PDT.

I have some business out of the office tomorrow.  My wife’s birthday is on Saturday and our wedding anniversary is on Sunday.  So, I might not be able to trade much, or put out an email update tomorrow.  If that’s the case, have a great weekend and we’ll see you all back in the TRADING ROOM next Tuesday.

Michael K. Bridges,President

FORTUNE FORECASTER, INC.

Futures and Forex Trading & Instruction

Today’s Charts

Here are today’s screen captures.  They may include my personal chart, the TRADING ROOM demo platform, charts submitted by students and/or my running intraday Elliott Wave count in the S&P Emini.  Please click on a chart to make it larger.