Professor’s Comments Update 1/27/16

Posted by OMS  at January 27th, 2016

Even though the Dow declined hard this morning, my scalp trading indicators we screaming that the market would rally. So I took profits on my DXD and TWM near their highs and got out.

But remember, there is a Fed announcement at 2pm today. So IF the Dow starts to move lower after the announcement, I’ll be looking to re-establish these short positions.

Watch the indicators.

h

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