Eoin personal portfolio stock market short position opened
My S&P 500 short broke even today. I decided to hold the position and opened a short in the Nasdaq-100, selling the September contract at 4572.5 including spread-bet dealing costs. The narrowing of breadth and increasing single stock volatility has me on edge. Additionally, at The Chart Seminar we define ranges as explosions waiting to happen. The S&P500 has been confined to a tight range since November and the eventual breakout, whether up or down, is likely to be powerful.