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.
Bund…143.61 is weekly resistance. Closing over this level tgt’s the 144.40’s.
Spu/Bonds…the spread either holds right here or it doesn’t.
The 30 yr. futures have made a higher high by a tick, which could be indicative of another directional trap.
30 yr…. Bond Futures break out over 133.26 on a Point & Figure chart.
Both Cotton & Cattle opened much higher this A.M. and have been in retrace mode to retest yesterday’s highs.
Both the Dax and the Spu’s are short term technical trades off the spreads against their Bond markets.
GOOG…there has been much written about the GOOG share split tomorrow and how it will effect the Indices.
This has increased volatility over the past 2 sessions and will be very important tomorrow.
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