Reading a Perfect Set-Up in the E-Mini S&P

Just when it started to seem like the E-Mini S&Ps were becoming too overtraded to be of use to us, a beautiful bottom-fishing opportunity popped up during this session. If you want to see what a perfectly predictable price target looks like, and how to make hay with it, check out this recording. We also pondered the Big Picture in two key vehicles — the U.S. dollar and T-Bond futures — and took a sobering look at GDX, which is skirting an abyss.