Tuesday, July 5, 2011
SPX and DJI have completed their c wave up. I have no exposure to Nasdaq and had a stop order at 2353.25 which never got filled. Meanwhile the SP 30-minute M/A crept up to the current price range. Selling 1% ES futures at 30-minute, 92-unit M/A minus .5% on a 30-minute close. Currently any 30-minute close below 1326.