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.
The Russell and the Midcap are gaining on the Nasd & Spu.
I would expect that to be the case today particularly with the ORH week in the IWM.
Brent...resting buy stops are over 109.87. Any $1 to $1-1/2 breaks should hold.
OIL...WTI short term buy stops are over 104.30.
BUY 1/2 Euro short position @ 135.70.
This will pay for the stop and we can close our eyes and let the market do it's work.
IWM...Russell 2000
MVV Proshares Ultra Midcap 400
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