Posted by frtaylor on 17th of Jul 2012 at 03:30 pm
Steve, are you considering shorting SPY if it 1. fills the gap
completely (136.78) and has negative divergence on the MACD on
something like a 10 or 15 min chart? Seems like a good trade
short idea to me (but what do I know!).
Steve, are you considering shorting
SPY 15 Gap Update
Posted by frtaylor on 17th of Jul 2012 at 03:30 pm
Steve, are you considering shorting SPY if it 1. fills the gap completely (136.78) and has negative divergence on the MACD on something like a 10 or 15 min chart? Seems like a good trade short idea to me (but what do I know!).
that was probably a lower
Posted by matt on 17th of Jul 2012 at 03:39 pm
that was probably a lower risk short with a stop, considering the 60 min charts are now overbought, just have a stop in place.
Thx Matt - looking at
Posted by frtaylor on 17th of Jul 2012 at 03:42 pm
Thx Matt - looking at hedging some here.