Heavy overhead resistance at 26000 has knocked the dow down just barely, but if the macd crosses it could be enough to send the market back down for a sharp correction after a historic rally. I'm really looking forward to see what happens in the next two weeks.
I just sold my calls for a very nice profit and am planning to reenter with a short position if the index falls to 257000 (and/or if the MACD crosses, whichever happens first).
I just sold my calls for a very nice profit and am planning to reenter with a short position if the index falls to 257000 (and/or if the MACD crosses, whichever happens first).