Monday, December 2, 2013

EOD Ramp Attempt

I'd say there will be an attempt in the Q's and IWM at least, I'm not sure how they'll try as the VIX doesn't look like it has enough of an intraday negative, I haven't looked at currencies. The Q's look like they'll use AAPL.
 QQQ 2 min intraday positive near the close

However if I'm holding a QQQ short position, I'm sticking with it as the 3 min is clearly negative

AAPL 1 min looks like the mechanism to ramp the Q's, again though if I'm in a trading AAPL short, I stick with it.


 the next timeframe at 2 min is clearly negative

IWM 1 min positive intraday

However I stick with IWM short as 3 min is clearly negative, as I said, it looks like an end of day ramp attempt after all, the IWM lost quite a bit today.

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