Stock Market Trends and Forecasts
In accord with the reading of our indicators (see yesterday post), all major equity indexes have closed lower today. The long term trend remains positive for the time being; we'll see in the next few days if we are facing a more significant retreat. Therefore, we will not open any new positions tomorrow.
Today's retreat caused our DIA put position to close today at a nice 15% profit (position was opened Oct 30th).
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