April 8, 2014 - MDT - 30 Yr Bond Future Follow UP

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.

133.11 Is the Fill price for the 30 yr. Bond Futures.

Looks like I was a little premature on this trade.

Hopefully there are still enough people that don't wish to trade the volatility and would seek some solace in owning treasuries.

There was no way I was going to sell Equities or Equity Indices in the hole.

This is a traders market where you have to sell the rallies and buy the oversold breaks.

The Equity trades are instrument and price specific, meaning it's a highly technical trade off key technical levels.

QLD...could test 98.50

Nasd 100...3560 is the first resistance level

Spu's...price action and a close over 1843-46 is needed to rally.

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.

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