I've been struggling with connectivity issues today but with less than an hour to go, what I said earlier still holds, believing that yesterday was more than a one day wonder is rather risky. I've been in and out of the indexes today as much as I could scalping mostly intraday. I'm still looking at the SPX and thinking it wants to touch that 200 day MA again before it's done but I also see a positive divergence intraday between the NASDAQ and NYSE and that keeps me in check on taking short overnight exposure seriously.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
You can add comments by clicking on the comments link below any posting.
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