Replies to post #35944 on S&P 500 & Nasdaq Analysis and Trends

[dr_praeses]

Good one to point out there.

I like that one as a potential short.

Unless of course it breaks out of the downsloping channel.

In which case you have get stopped and take only a small loss.




A few thoughts:





CMNVN: CME October 470p



CNMVL: CME October 460p



I looked at November's CNMWL but there is very little volume on it, so may need to stick with the nearer term options.

[dr_praeses]

CME made the move down.

Needs to break trendline @ 456. Needs to go under 30 dma too.

Should've just put in a limit order for the puts.

OEX, SPX, coming off highs but look a little bullish.