I've neglected my options trades. The market has been consolidating and has now broken out give me a direction on where to place my trades.
RUT has broken to the upside and a bit sluggish it is a good few points away from the next resistance at 570 which is the 127% fib extension.
MACD is above 0 and histogram is also above 0, with momentum rising. The market is an uptrend, so will try and place PUT order if there is enough credit and also place Call order much higher to avoid getting touched.
Friday, 5 June 2009
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