A couple days back I suggested that $RUT/IWM would bounce 1% off the 50 day MA (62.19 for IWM), and that it would yield a 3% scalp with TNA. My numbers show that a TNA buy at 42.05 (10:02 am), sell at 43.31 (at the 2pm surge) would fulfill that condition. Sounds like you took the trade. Congrats.
Yeah Earl!
I dipped in the waters here with a 109/105 put spread. Let's see what happens tomorrow?
There are times when it pays to trade with the robots rather than against them. This is one of those times.
Dreadwin,
Nice call 🙂
Never so sure about it, though, in the middle of it 🙂
A couple days back I suggested that $RUT/IWM would bounce 1% off the 50 day MA (62.19 for IWM), and that it would yield a 3% scalp with TNA. My numbers show that a TNA buy at 42.05 (10:02 am), sell at 43.31 (at the 2pm surge) would fulfill that condition. Sounds like you took the trade. Congrats.
Carl sold his 2nd /ES unit at 1097.50 — all cash now
Out of TNA
Dreadwin,
Typing this as fast as I can before the market drops unexpectedly.
It looks like TNA is working.
Standard 5 second guarantee applies.
I have a close of 109.09 on the 10 minute chart for the 11:30 print. What does that imply?
I'm watching closely.
Early lows of the day seems to holding all around. So far.