While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Sustained price action under 44.60 would leave way for a test of 42.25.?
This is the instrument that led this past rally. Use it as an indicator
for the rest of the?industrials. it will be indicative of general market tone.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.