Of the four finalists, the two high-odds symbols, DUK and TLT, are trading above their breakout levels. I shall analyze them as directional trades.
The two low-odds symbols have pulled back from their breakout peaks. WMT is back within its price channel, and GLD, while still beyond the channel, has lost momentum. I shall analyze both as non-directional trades.
The S&P 500 (Nadex:US500) has completed its very near term counter-trend correction and I have posted a bearish play.
-- Tim Bovee, Portland, Oregon, July 8, 2015References
My volatility trading rules can be read here.
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Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
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