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.
EUR/AUD...148.09 is?support and will be difficult to penetrate today.
Euro...136.70-80 is a cover zone for shorts the first time down.
FBTPM...the Italian 10 yr. has been rallying since the ECB press conference.
Lower Interest Rates.
The pattern shows a potential ORH day, however this instrument is getting overbought.
121.79 is support and the?closing?downside pivot.
Spu's...short term sell stops are at today's?ORL #?of 1876.50.
SSO...106.58 is the ORL
Nasd 100....?has a potential daily double top @ 3668. Sustained price action under 3638 (102.15?QLD) will lead to more selling.
http://www.madhedgefundtrader.
January, 2014 MediumTerm Outlook-1st-qtr-2014/
For Glossary of terms and abbreviations click here.
