Key “Line in Sand” for Bulls as stated in Tuesday’s trade strategy was 1659.75…Low of Day (LOD) was 1660.00! Bulls defended that level aggressively during day 2 of 3-day Bullish Cycle. Persistence until Resistance has been the ongoing theme and … Continue reading
Yesterday’s trade strategy played out nicely as price broke out from Friday’s high propelling it up into the Money Box and upper X-Zone where the reversal began. The average decline anticipated from the high measured between 8 – 12 handles hit squarely … Continue reading
Good Morning…Though Markets have had a historic asent, we must remain vigilant for a pullback…Friday’s action may have squeezed some of the most stubborn Bears into covering…If that’s the case, then we must be careful on any downside momentum development, … Continue reading
SHIFT http://t.co/ImYGsX1SFA — PolarisTradingGroup (@PolarisTrading) March 1, 2013
Shorting VXX Open Range paid handsomely http://t.co/ycDefJlr4t — PolarisTradingGroup (@PolarisTrading) February 27, 2013
ES nailed Target at 3D CPZ 1519.75 and bounced http://t.co/gYGFhtT6 — PolarisTradingGroup (@PolarisTrading) February 20, 2013
In our previous post we questioned whether the recent pullback was ‘just a correction or the beginning of something deeper and sinister?…The answer will certainly be revealed in due time.’ Well, it took all but the next trading session to … Continue reading
At the close of trading last Friday it seemed as though you couldn’t even give away S&P contracts fast enough which capped a week of long liquidation along side shorts pressing. At the start of this week there hasn’t been … Continue reading
As mentioned in our previous post, the key price hurdle for the bulls was to regain 1091’s which represented the 3-day midpoint and hold that ground…Neither happened. An early rally attempt on the bulls part found more than willing and … Continue reading
“Float Like a Butterfly…Sting Like a Bee”…Muhammad Ali (a.k.a. ‘The Greatest’) The Bulls have certainly been stung by the “Bee” this month and they have been stampeding for the exit. Does anybody even remember the the term “liquidation” over the … Continue reading