Tuesday, November 24, 2015

NDX100: FAST & Furious Trade action demands a Tactical Posture.

NDX100 Daily Chart @ Close 11/23/2015
The 'easy' Long Tactical Trade was the GAP 'fill' @ 4500 coincident with the 50/200day SMA Buy Signal 11/16.
Matters NOW complicated by an Outside- Down Day 11/23 suggesting a proper test of the 50/200 Buy Sign circa 4450/70?
Early December machinations re: ECB QE/ FED Hike & the ever lengthening Sino- Commodity SHADOWS......care now.