- This looks to be in free fall (or will be soon enough). Close below +99 this week = solid sell signal. There doesn't seem to be any nearby support, until we get to the 60-70 level.
- Well worth a big punt on this one, although we are only in the middle of the week and one needs to anticipate the end of week close now with 3 entire trading sessions to go. Usual dilemma - jump the gun or not ? Current market is 97-98.
- Ability for the spread to soften in the face of new highs in equities is a good sign.
- Working limit order to increase trade size here.
- Abort if we fail to close below 99 on Friday NY.
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