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.
140.25 is today's ORL # for the 30 yr. Futures.
Sustained price action under 140.25 targets 140.02 next.
TBT...should test just shy of 55, today's 50 DMA.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.