notice clearly how open interest expands on selling and fades (closing out poistions) on the rallies. Just another one of those signs that indicates the primary trend is still down.
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My open book trading diary, ideas, comments, project etc..
Never listen to me or trade based on anything I say or do. I am not a professional of any sort.
This Blog is just to help me stick to trading themes and hopefully help me stabilize my performance.
This Blog is just to help me stick to trading themes and hopefully help me stabilize my performance.
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Blog Archive
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2008
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December
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- Continued profit taking into year end
- Once again bumping up against extreme resistance
- SPY head and shoulders on 30 min. bars
- OI on the /ES
- closing ticks tripped yet another meaningful signal
- XLU vs. HYG (high yield bonds)
- The 2002 CRB bubble bull
- RSI and channel line set ups
- pressed against resistance and ready to roll over
- Test of the lows on deck
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December
(10)
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