SPU….We Want to pay for our shorts right in here by buying 30% of the our S&P 500 Futures right here @ the market! ” 1189.50 -11779.25″ is the key zone. SDS traders sell 30 % of your longs at … Continue reading
It’s time to try a short against the highs in the SPU My main reasoning is a definable out or stop. I also like the low in the Sep 30 yr. Think SPU/BONDS. ETF traders can use the SDS…Buy the … Continue reading
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading
The Board is all Risk Off this a.m. For now I will be content to watch for a bit to see if there will be a low risk spot to participate a little later in the day. Model Trading Portfolio…Current Positions … Continue reading
A close over 105.22 is needed for an outside daily reversal pattern. I am watching this level to see if it correlates with an end to the general RISK OFF TRADE.
Potential outside reversal weekly pattern..The key level to close below is 437. Having said that, we are into support on the daily and weekly maps. If short, it’s a good place to tighten up your risk and pay for your … Continue reading
It looks like we will be in Risk Off mode for a while. The 30 yr. Futures could rally another 5-6 full points which will give you a 26 handle on the TBT ETF. SELL THE LONG TBT @ THE … Continue reading