Originally posted by Richard Cox
has broken out of its longer term descending triangle at the same time it broke above its 100 day EMA, so the longer term view is positive into the end of the year. I will be looking to establish 1 hour CALL
trades in this pair as prices approach 78.60 in the coming week.
The latest rally in the S&P 500
is opening the way for some good PUT entries for the index into 1455. In the coming week, I will be looking to enter into daily PUTS
at these levels. An hourly close above these levels, will cause me to move my entry 10 points higher.
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