Action: Buy to close NQZ3 at 3370.25 and book the profit. We entered the trade on 10/29 at 3385 and are booking the +14.75 profit.
I’ve read several analysts over the past few days that compare today’s market to that of 1987, but they say at least back then there were pullbacks which gave traders and investors opportunities to enter the market. As the stock markets have literally ripped higher in a straight line the past three weeks good entry points have […]
Action: We are out of our short ESZ3 contracts at 1762.50. We’ll take the gain on these positions and remove the risk ahead of the FOMC announcement at 1pm CST. I will post commentary about market conditions on the blog shortly.