Chris Vermeulen
09-16-2011, 08:59 AM
Friday Sept 16th - Pre Market Video Analysis (http://www.thetechnicaltraders.com/180-21.html)
Click here to watch the video. (http://www.thetechnicaltraders.com/180-21.html)
The dollar index had been moving in our favour in premarket and we should see UUP gap up at the open.
SP500 is overbought and trading near key resistance. We may be taking a short position (SDS) today or Monday there.
Crude oil continues to hold up under key resistance but looks ready to drop any day now.
Gold and silver have been moving lower and I don't really want to short them because any bad new will send them higher.
10187 (http://www.thetechnicaltraders.com/180-21.html)
Recent Trades
SSO 2.6%, August 10
CEF 4.6%, August 24
GLD 10%, August 24
SDS 7.3%, Sept 2
HXD.TO 10% Sept 2
Click here to watch the video. (http://www.thetechnicaltraders.com/180-21.html)
The dollar index had been moving in our favour in premarket and we should see UUP gap up at the open.
SP500 is overbought and trading near key resistance. We may be taking a short position (SDS) today or Monday there.
Crude oil continues to hold up under key resistance but looks ready to drop any day now.
Gold and silver have been moving lower and I don't really want to short them because any bad new will send them higher.
10187 (http://www.thetechnicaltraders.com/180-21.html)
Recent Trades
SSO 2.6%, August 10
CEF 4.6%, August 24
GLD 10%, August 24
SDS 7.3%, Sept 2
HXD.TO 10% Sept 2