My short term trading currently is to buy puts when the indices reach or excede their 5 dma's. The q's will march right up to the 5 day and then proceed to back down from it. Intra-day, the q's have been both above and below the 50 dma which shows the bulls and bears are fighting it out. I believe the bears will win before expiration Friday this month. The bulls maybe will be able to consolidate right near the 50 before the bears can give the bulls a nasty 'ole bear hug. Then we go to the 200 dma. We are in an intermediate downtrend. I expect to sell any puts I might have when we reach the 200 dma.
News 
Market Data 
Discover 
