Monday, January 3, 2011

1/3 pre-open

I shorted NQ futures at 2228.75.  I'll use SP futures 15-minute,  98-unit M/A - 3 points to add via ETFs.  It's the green line:

I'm long dollar futures and short gold futures.  I have a small ZSL short silver 1%.
This is the start day of the I1 down cycle.  A late burst of strength indicated more in the Sunday session so I held off shorting until then.


  1. NQ
    Rectangle Top.

  2. market is back in freight train mode. Do you have a stop for your NQ short?

    I had a small QID position I carried over the weekend sold part before the open, the rest a couple minutes ago (probably at the low of the day :-)