The Underground Trader: "A Pretty Good Call I Think"

The Underground Trader

We wish to introduce a new periodic feature to TSP Flash Alerts: The Underground Trader. These posts are authored by a long-time friend and colleague who specializes in trading futures and options. The Underground Trader is a very close watcher of the indices and is a market junkie who cruises message boards, trading groups, news feeds and opinion sites for any edge he can get. Do not bet the ranch on any of his comments but they are usually interesting and definitely food for thought.

From The Underground Trader:

  S&P 500 - Last 5 Years

 

 

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  S&P 500 - Intraday

 

  S&P 500 - Last 12 Months

 

Disclosure - Mr. Moenning owns positions in securities mentioned: None

Note: Observations by the Underground Trader should not be construed as trade recommendations, but rather are reports on marketplace activity and his view on the subject.