US indicies look like they should continue up over the next 2 weeks. The lack of selling around the highs last week shows the lack of bearishness at the moment.
I have been accumulating Sept and Dec contract S&P longs last week around the 1102-1106 area. These are contracts that I want to hold for the longterm. This week I will put more long orders at 1089 but I'm not sure if these will get hit. As long as price doesn't trade below 1089 then it's bullish.
I have been accumulating Sept and Dec contract S&P longs last week around the 1102-1106 area. These are contracts that I want to hold for the longterm. This week I will put more long orders at 1089 but I'm not sure if these will get hit. As long as price doesn't trade below 1089 then it's bullish.