With all the negative data, we still have closed positive for the last two days. People still believe this market will end very positive for the year.
As a result, I am looking at a bullish trade on the Dow futures. We already have a trade on INDU that is giving us positive cashflow. If you used a Dow future instead of options or a future during the time of that recommendation, do not enter another trade. We don’t want to over allocated into the Dow due to all the volatility.
For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .