Thursday, September 30, 2010

9/30 10:01

SP futures 30-minute close was 1148.50, 2 points over threshold.  Sold 10% SDS at 29.01.  Covered SP futures at 1148.50 for a 4 point loss.
This adjusts my risk according to money management rules.  10% SDS and short 1% DJ futures.

1 comment:

  1. still a possibility of an Ending Diagonal (ED) here, using the latest high as the end of wave 3 of the ED.

    Here's a screen shot of SPX cash, 30 min bars, with end points of waves 1 thru 3 of the ED numbered.

    http://screencast.com/t/MzczZTEw

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