Tuesday, October 27, 2009

10/27/2009 4:15 pm update: NQ



  • short term bearish themes continued to played out today...
  • the rally off the 10 am puke out did not hold, with the morning low getting taken out in the early afternoon...
  • the AD lines worsed as the day wore on, but did not reach the lows hit yesterday...a possible bullish divergence?
  • due to some additonal models potentially generating long entry signals today and tomorrow, i did not add to the long discretionary position in the NQZ09...
  • long 3 NQZ09 at avg 1745.41...
  • offering 1 contract at 1757.50, 1767.50. 1776.50...
  • no bids at this time...
Disclosure: Long NQZ09.

***remember this is an illustration of what i am trading and my thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***

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