Lead or Lag? by Trade Aptitude

Yesterday’s results: No trades suggested.

Today’s Best S&P Futures Turning Points: Buy 5909.50 stop 5904.75. Short 6134.25 stop 6138.50.  

The World Index: (+100/-100) plummets from +36 to -50 with most major world markets Bearish on rising volatility. 

Catalysts: GDP, Jobless Claims & Philly Fed MFG Index @ 8:30. Existing Home Sales @ 10:00. Kansas City Fed MFG Index @ 11:00. 

Quick Tip: Lead or Lag?

The never-ending challenge in trading is forecasting future price direction using lagging information from technical indicators. Better than nothing but you can do even better. 

Significant research has proven that there are two Leading Indicators of price that are not on the chart. Insider buying and Unusual Options Activity. 

Combining the two is the perfect addition to your stock/options trading plan. Learn how in our free training session. Click here.

Trade fearlessly,

Mike Siewruk

 P.S. Share in the wealth! Pass this blog along to your trading buddies.