Open Interest for 2/1/16
Fun times. Definitely a very challenging environment; but rising to the occasion can be very profitable. As of now the path of least resistance seems higher (with the caveat that next week must have follow through). I don’t believe a bull market is resuming. Thus, although we will concentrate on longs, I will be sure...
Was Friday’s Bullish Candle a Trap?
Last week here I laid out my thesis for why I was more bullish biased and the importance of 1887. Ironically, even with my bullish bias, I pretty much benefitted more from shorting the first few days of the week and didn’t get long till Thursday. It just goes to show that as much as I […]
Share this:
Read More →
Read More →