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.
Spu/Bond is trading on it's 50 day mvg avg again with a potential?ORL day.
Nasd 100...a close today below 3526.25 puts in an ORL day.
If either of these patterns play out, we're going to break into Monday.
Having said that, this is not a place to press shorts in the Equity Indices and it's an exit zone in both the 30 & 10 yr Treasuries.
This will be a late day game.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.