Just an update on my strategery (is that how you spell it?).
At 1:30 the SP futures 30-minute M/A will come down to just above the session high (1182). With I1 bottoming tomorrow the odds favor a downside breakout from this trading range. I'll be looking to add a short futures position today.
I bought the short silver ETF rather than shorting the futures to limit the exposure. Futures pile on pretty quickly.
I want to go long the dollar but I'm hoping for a deeper retracement for my entry point.
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Steve
ReplyDeleteWhat level do you expect the SPX cash market to get to by I1 bottom tomorrow.
Jack C
1168 or so.
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