Here is an intraday look at the small cap ETF, which is instructive given the wild price swings we have seen since the pre-market futures session.
On the 10-minute chart, below, note the narrow price range since roughly noontime on the east coast.
I am looking at a $110.50-$110.75 range.
Elsewhere, some nice moves in commodity-land have my eye. I am already long natural gas, but am sweating wheat, sugar, coffee, corn, and perhaps crude and the metals.
Drop me your top afternoon ideas.
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Long – $UGAZ, $SGG, $JO & $SPLK
Excellent
adding to Z short under 120
Nice play
TXRH still constructive.
You’ve been all over it. Great work, JP
$VIPS…buy on the dip or are burritos off the menu?
Looks bearish to me.
UGAZ rocking today for us.
I could see 20 there easy
That would be pleasant.
Absolutely. And like last time, large gains in just 2 trading days. 😉
Been long USO since last Thurs when it hit its low, and staying in. Looks to be breaking out.
Good action today.