The NDX opened higher gaining strength until the 2951 level, at which point it lost steam closing at 2921 or 0.92% positive. We were surprise of the move as we expected the market to trade sideways due to the drop at the close on Friday and the lackluster economic data. At current levels we prefer shorts on spikes.
Today´s Profit USD 228 (Portfolio Size: USD 25,000)
Visit Past Trades to review our history.
- TradeKing Midday Market Call Recap: SPX, DJI, NDX, VIX, MRK (community.tradeking.com)
- So Was That The Bottom? (safehaven.com)