Who knows any more
It looks to me as though we are getting close to a very important cross roads here in the /NQ and /ES. I’ve jumped into a slew of SPY Calls to balance off the Puts that are open right now. The papermoney page is up to date.
The futures are up tonight and if we break higher, I’m going to start shorting puts against my JUN’s to capture some of the volatility we have right now. I don’t have any charts to offer tonight as I’m running short on time. Class has started up again and I’ve been buried in Macro textbooks and statistical formulas.
For some good stuff, head over to The Slope of Hope, and Evil Speculator. Both of those sites have some excellent analysis on what is happening right now.
