So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today.
Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the hedge.
My biggest wet dream right now would be to see the NFP pump the rate on SPX500 up to 2135. Truly though anything above 2119 will do me just fine.
My suggestion is to go LONG until 2130 - Then smash down with everything you have for the next month or so.
Come check me on twitter also if you rock that @rscexclusive
Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the hedge.
My biggest wet dream right now would be to see the NFP pump the rate on SPX500 up to 2135. Truly though anything above 2119 will do me just fine.
My suggestion is to go LONG until 2130 - Then smash down with everything you have for the next month or so.
Come check me on twitter also if you rock that @rscexclusive