Market Commentary – FEB 25

02/25/2010, at 7:07 pm

The averages rallied quite strongly into the close today, erasing much of the day’s early losses, however, none of them managed to close above the overhead resistance of the 40 & 50-Day MA’s.

Subsequently, we held off on our planned adjustments and VIX entry until we see if today’s late strength carries over into tomorrow.

Coach BD

Filed Under: Alerts & News, Hedges - LONG, Trading Rules & Strategy
Tags: VIX