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Pascal
09-29-2014, 11:17 AM
The short TASR triggered this morning at 15.4. I would consider covering the short if we close above yesterday's high of 16.08.

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The market bounced from its opening down gap and both the CTick/20DMF look to support the bounce.
Difficult to have conviction on the short side for now. Wait and see!!

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SDS is still in its upper side of the envelope. and IWM still in the lower side.
IF the 20DMF/Ctick show weakness later in the day, the 5MA can be traded.

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CMG is still in a range for now. EV shows some accumulation though.

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Pascal