Recent content by JER08

Will you re long the Dow?

I think it's called "American exceptionalism".

If there's ever a bearish scenario, then this is the moment/level to short,a big "if".

Dow "tree shaking" time.

The downside correction (or whatever it's called) could be quite big, as FTSE had reached 6200 area, 6000 and below could be next, but I could be wrong again, as usual!

Rallies should be sold, IMHO.

FTSE looks bullish to me, with a target in the region of 6200,6300, but I could be wrong.

Seems like a good trade.

Now could be the time to short Dow at 16250. (knowing that nobody will follow my trade :))

Both FTSE and Dow look very bullish on their respective daily candles, have I missed something?

Punjabi Sorry for going off-topic, I understand you use IB and Saxo for options, what's the spread like on straight call/put options on SPY/Dow/Dax etc. As an example , I am using IG which has a spread of 3% to 4% on 15700 Feb call/put.

That means it's near a possible major bottom rather than a major top?

9400 region looks interesting for a long.

Anyone using Interactive Brokers to trade major indices options like SP/Dow/Dax ect? I am dipping my toes in straight call/put options on major indices using IG index, their spreads on SP/Dow options are like 3% to 4%.

Dax don't look that toppy to me, could test 10200 by Monday.