Finally, the market is getting interesting once again. We are soon to be at another crossroads as the indices approach their 50 DMAs. Tim Knight recommends to handle these coming days with care and posts some charts of interesting short opportunities.
Here are some more charts and trading ideas if you’re having trouble finding something worthwhile:
- Beanieville
- What to trade next – MDT MO JNPR + xy chart STRA,CHK,DVN
- The Resourceful Bear – Investment Banking And Banks Take Stock Market Lower
As for myself, I exited a couple of my puts when the Russell was down 1%, a little too early, as it later declined another .7%, but best to be safe than sorry I guess.
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