November 17, 2014 - MDT - Midday Missive

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.

FTSE...has been making a 3 month Head & Shoulders bottom.

6665 is today's 200 DMA, a level the FTSE has not closed above since putting in an ORL day Sept. 25th.?

FTSE needs a couple of closes above this level to continue up.

GDXJ...Junior miners look set to maker an attempt @ 28

as long as it remains above 26.60.

FTSE...Footsie

141117_093236_CQG_Integrated_Client_Chart_QFA_-_FTSE_100_-_Stnd_Index_Daily_Continuation_(Delayed_by_10_mins)

GDXJ...Junior Miners

141117_093256_CQG_Integrated_Client_Chart_S_GDXJ_-_Market_Vectors_Junior_Gold_Miners_ETF_Daily

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.