1 - 10,200 not trivial to break
2 - 10,200 could probably only be broken with an actual QE (not rumors)
3 - closing below 9500 in weekly close is very week.
4 - QE or not, purely graphically, the area could be a major top
The disney land scenario where QE is announced and DAX goes to 11,000 while SP500 goes to 2150 is probably too optimistic and easy aslo as it would provide a short with very limited risk after facts fed through and maximum fundamental and technical scenario developed.
I am inclined to think an antiseasonal short may be at play.... I suggested to buy the 8500 March15 put at 56. currently trading a 80.. i would keep that in book.. who knows.
2 - 10,200 could probably only be broken with an actual QE (not rumors)
3 - closing below 9500 in weekly close is very week.
4 - QE or not, purely graphically, the area could be a major top
The disney land scenario where QE is announced and DAX goes to 11,000 while SP500 goes to 2150 is probably too optimistic and easy aslo as it would provide a short with very limited risk after facts fed through and maximum fundamental and technical scenario developed.
I am inclined to think an antiseasonal short may be at play.... I suggested to buy the 8500 March15 put at 56. currently trading a 80.. i would keep that in book.. who knows.