Goldman Sachs and the US Government coin money, so what's a trader to do?
Is Nike (NKE) ready to fight the gap (arrow), defeat the one-day range (circle), and capitalize on strong support or is the greater concern the consolidation at support with a head-and-shouders top looming (no position).___________________________________________________________
The weak US dollar has supported US equities...you gotta watch the Greenback.___________________________________________________________
Will commodity ETFs like GSG feel the love?_____________________________________________________________
Bank of America is the biggest tell now (BAC)...long BAC via options.__________________________________________________________
Good trading and great risk management to all.
Educational use only. Never intended as investment advice.
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