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.
Bund...the Sept Bund will try to print 146.40.
OIL...WTI/Brent spread came close to it's 200 DMA which happens to line up with the last breakout in Crude above the 104.70-105.30 level.
All this tells you is that is that WTI is a "better buy before you sell" against the old resistance, which is now becomes support.
For Medium Term Outlook click here.
?For Glossary of terms and abbreviations click here.