TTP Morning Update: $BZQ $SPY

Good Morning! Futures are lower thus far this morning. We would be watching the 2566.33 level on the S&P which is the low from yesterday. Should the market trade below that level it could set up a possible correction going forward. However, remember we take things one day at a time here and try to prepare accordingly rather than make wild predictions. Our long position in BZQ looks like it will open to the upside as the Brazil market looks lower so far this morning. We will be back later today as needed with any updates.

CJ

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s