Shorted SP futures on the news. Shorted NQ futures as well at 2038.
Both are good until the first 30-minute close above 1166.25. Ready for the next assault on support which will only break at DJI 10,820.
Standing aside from crude.
Tuesday, October 12, 2010
10/12 3:05
The first go at the DJI 5-minute, 370-unit M/A resulted in a big retracement. Fed minutes showed that they plan on more games. I question how much farther they will expand their balance sheet.
Shorted SP futures on the news. Shorted NQ futures as well at 2038.
Both are good until the first 30-minute close above 1166.25. Ready for the next assault on support which will only break at DJI 10,820.
Currency trend change will only confirm if dollar index takes out it's high of 78.17.
Standing aside from crude.
Shorted SP futures on the news. Shorted NQ futures as well at 2038.
Both are good until the first 30-minute close above 1166.25. Ready for the next assault on support which will only break at DJI 10,820.
Standing aside from crude.
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