Wednesday, October 21, 2015

Morning Update

ES hit a new high overnight.  Interestingly it hit before Europe opened, and failed on a retest of that high.  I set a short on NADEX at 2038 for the day.  If you can get more the 20 on another attempt at Globex highs this morning, that looks like a nice spot.

Gold and NUGT look ready to break down again.  Watching for the signal.

IBB is once again sitting its massive up trend line.  I am short with BIS, so watching to see if they squeeze me again here.

IWM and AAPL are showing buy signals for this morning.  Will see if they break out.  Also XIV is saying the same thing.  Watching.  This means TVIX long is not in the cards for now.

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