Daily charts have began to show sell signals, but with the FOMC today let's wait and see.
The hedges I have left will begin to peel off automatically once certain levels are broken and my short book remains as follows:
- DAX: 5250.3, 5280.8, 5352.8, 5418.8
- NQ (rolling): 1594.4, 1624.6, 1629.4
- SMI: 5770.7, 5914.5, 5998.2
- FTSE: 4608.0, 4630.2, 4638.5, 4682.5, 4697.0
- Russell: 547.5, 561.0, 562.7, 571.4
- S&P: 980.6, 993.1, 993.4, 998.4, 1001.1, 1007.6
Last week and yesterday morning many indices touched the Upper Bollinger Band on weekly charts, with prominent negative divergence on intraday charts (over several time frames) and we then developed a sell signal on daily charts.
It's the middle of August, trading floors are empty: let's keep that in mind.
S&P Weekly
S&P Daily 
DAX Weekly
DAX Daily
FTSE Weekly
FTSE Daily
