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Covered SPX and NDX


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#1 Swiss Trader

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Posted 01 February 2018 - 10:38 AM

-SPX from 2846,4  covered @ 2821

-NDX from 6974,2 @ covered @6949.2


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#2 NAV

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Posted 01 February 2018 - 10:46 AM

If this a technical exit or discretionary ?


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#3 Swiss Trader

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Posted 01 February 2018 - 10:55 AM

If this a technical exit or discretionary ?

 

discretionary but based on price action in the last 3 days with correlation with both indicies.

(3 marginal nel lows on SPX and strong reaction on NDX @ 6890

I smell a rat

 

I expected the breakdown of 2800 today


Edited by Swiss Trader, 01 February 2018 - 11:00 AM.

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#4 redfoliage2

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Posted 01 February 2018 - 12:39 PM

Good trades.  The broad market looks having some kind of a reversal today.  The spike in VIX is reversing and it is likely to return to 11 - 12 zone tomorrow.


Edited by redfoliage2, 01 February 2018 - 12:41 PM.