1250 in SPZ and 12,000 in Dow Futures Dec are good targets to exit longs and to use as a benchmark to initiate sales on a stop basis. In other words, if we rally above them, great. But if we trade substantially below them, use that move as an opportunity to fade bulls who came to the party too late. Its a counter trend strategy. Make sure you keep your stops reasonable when initiating a trade around these levels.
That is all. Its Wed, Nov 30 at 9:55 AM CST.
CER
