SP500 after ECB frontloading news - Pain higher or Breather
I find these configuration difficult to trades.
Solution:
if you trade long, stop below the 13d ema on close ie 2105 here
If you trade short: zero premium wide Risk reversals or small enough size so 2% upside can be sustained (arm yourself with patience if it remains sticky)
Solution:
if you trade long, stop below the 13d ema on close ie 2105 here
If you trade short: zero premium wide Risk reversals or small enough size so 2% upside can be sustained (arm yourself with patience if it remains sticky)
http://betandbetter.com/photos_forum/1431873320.png?PHPSESSID=ce88da813d041c5b09959261044f82bb
2040 target next week
The question here is not if but when.
In other words the question is whether there will a few weeks pain to 2160 or if the market breathes with an imminent start to that.. I dont have the answer to this.