Make sure you have your stops in place in the Bonds and TBT There is no reason whatsoever to lose money on this trade. Stay short the S&P 500/Long SDS
A question was put forward by a client: Why are you not just buying the SOX index with a tight stop? Answer: I am not chasing… I prefer chart pattern confirmation. I already have long equities via the short bonds! … Continue reading
There is a reason we mainly trade futures and not ETF’s. The last 2 days should make it very clear. The SNB reversed the world currency flows off the support levels put out yesterday a.m. in the weekend special.. SPU/BONDS…This spread … Continue reading
In a world where every trade is the same trade you can pick your poison. There is always another surrogate trade or low risk alternative once the board changes from Risk ON to Risk Off. Friday into last night was … Continue reading
In approximately an hour the humanoid element will be out of the trading equation until the last 30 minutes of the day. Risk Off abounds…stay with all current positions, only sustained price action above 1192 SEP S&P Futures will get … Continue reading
SEP. !!!!!!!!!!!!!!!! 141.06 IS THE POTENTIAL DOUBLE TOP # on a monthly chart …THE HIGH WAS 141.01…. BIG BIG LEVEL!!!!!!!!
The SPU has broken enough and the Bonds have rallied enough for this swing! Do not press direction! Let the market set up again!