October 30, 2013 - SPU's & NASD 100 Pattern Alert

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.

Pit sessions…..
SPU…sell stops and the ORL# is 1759.20

NASD 100…3369

All Sessions….

SPU… 1754.50 is the ORL.

Nasd 100…3368.50

Closing below the All session #’s would put in an interim market top.?Closing below the above levels are price negative.

For Glossary of terms and abbreviations click here.

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