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.
14.25 is resistance and the upside breakout in the VIX.
Time Frame Trading the rest of the afternoon.
It's been an opening range trade from the get go this A.M.
I would expect a lot of investors to continue hedging or take profits in front of next weeks fed meeting.
VIX
