S&P daily pivots and break-down & up Targets

Quote from paysense:

JB:

I am looking at futures options for hedging "swing" futures trades.

What would be typically recommended: American- or European-Style.

Or perhaps index options are preferred?

GA aka Pay$ense

I would do OEX lots of volume there so the spreads will not kill you, just be careful buying when vix rises the Cost of them will be priced in!

JB
 
Quote from paysense:

THX and looking into this further. FYI GREAT target call for SPX (I didn't check the others).gA

Well I felt sick so I did not do the other markets, little Bug I think
feeling better today , so I will do the others tonight

Pic of todays levels on S&P
 

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Quote from TradePilotPro1:

The market went below my levels AGAIN :mad: :mad: :mad:

I don't like to put to many in after the target cause the market can bounce when it hit's target !

But not today LOL

I AGREE.
 
I <i>feel</i> ya. I watch price AND VOLUME from the major averages along with emerging leading stocks. There has been no volume during up days since the confirm the week after 10-OCT-2008 bottom attempt and numerous heavy volume declines.

That plus staying with the intra-day trend has helped. I put on a few TFS contracts short yesterday and held overnight all the way to the close. But I too, did take some off once the initial target was hit!

The way things have stacked up the previous lows look very suspect. Hope you feel better.

gA

:cool:
 
Quote from TradePilotPro1:

The market went below my levels AGAIN :mad: :mad: :mad:

I don't like to put to many in after the target cause the market can bounce when it hit's target !

But not today LOL

Bounce like this !!!!!!!!!!!!!!!!!!!!! YEIKS
 
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