Time to short sell german 30 From April 07 lowest point 9467 until the highest point in April 21 1044 pipps 9.95% increased ! Does the ger30 will continue going up without any big drawdown ? No way ! i wil start short sell this index now so set sell limit around 10450-10500 first target 10240 second target 10160 ! . other scenario if German 30 continue going up and break 10500 resistance. then first target 10650 second target 10860 .. if it hit 11000 OMG i will strong sell this index !! !
Shortsell
SPY FED RATE TRADE PLANTomorrow the FOMC will decide the interest rate value at what we will start with. Expectations are above .50%. If we beat expectations then we will see a large flush in the market. If we surprise it there will be a chance at price bouncing after that gap is filled. Its hard to forecast crucial economic days in our calendar but this is my thought process going into the following trading session.