Below you will see the published updates from the Market Dimensions Advisory showcasing the positions that were executed following the MDA SnapShot levels that were released from today’s session. This content is from the “Trading Updates/Recaps” that go out to MDA Subscribers. If you would like to follow these trading alerts in real-time, receive them in your inbox and have the ability to speak with me, you will need to subscribe to the newsletter and become a client of our firm. To get these updates sent directly to your inbox, please SUBSCRIBE HERE. To see ALL MDA published updates (trading recaps, daily levels, and educational trading material), visit the MDA BLOG PAGE: HERE.
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Below the first update, you will see the original charts showing buy/sell zones
Published 6/7/16 – 11:30 am – Long Position Update
We have been on the long side of the market highlighting entries since Friday’s Session. I highlighted an entry this morning on a new buy zone that was released. We were filled on this buy zone shortly after the update. We have seen a slow grind today with not much volume. We were able to make a new high @ 2116.50 and quickly retraced a couple points. We are now slowly beginning to potentially begin to challenge those highs again. I am looking at the 2018 price level and if we can break through that zone. That is where the largest offers have appeared. In general, we have large offers above the market price so it will be interesting to see if the actually trade or go away.
I will try to provide another update later this afternoon.
Today’s buy entry @ 2113.25
Last @ 2116.25 +3.25pts or $162.50 per contract before fees.
Published 6/7/16 – 9:07 am – Chart of levels showing entry
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