Critical support is still potent after the 3rd attempt. SP futures came all the way up to 30-minute M/A where I went short again futures.
I came in today at 20% SDS. I added to SDS at 29.68 and 29.38 bringing me up to 28%. I've traded SP futures successfully overnight and today but had 1 4-point stop on the way up. Currently short 1% DJ and 1% SP futures.
5 down and 3 up with a 30-minute M/A sell signal that won't be revoked until a 30-minute close .5% above 1141.25 (currently). The retracement was bigger than I was hoping for but it is kaput now.
The two charts in the 11:40 post tell the story.
The SPX is still calling for a low beneath last Thursday's low 1123.50.
I'm pretty well max'd out at 28% SDS and 2% futures. Think I'll watch from here.
No comments:
Post a Comment