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.
DAX...11,362 is today's ORL #. This is where the rubber will meet the road.
More than a peek and a reversal higher at this level will lead all other indices lower.
Spu's...show me something under 2100 before the Bulls start to twitch.
I'd love to see a sell off into Thursday.
DAX led the up, for now it's stalling out.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.