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 match game...
153.11, the 2012 high in the 30 yr. Futures, Fills the gap on the continuation chart.
This also sets up with the TBT @ 49, it's 200 DMA.
This is an exit zone the first time in !!!!!!!!!!
The specter of higher rates (hawkish comments from Yellen) are putting everything in sell mode.
Correlations are breaking down.
I.E. Higher rates were seen as supportive banking names, not so over the past couple of sessions.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.
