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Bear Market Rally Fade in RUT

Home › Forums › Swing Trades › Bear Market Rally Fade in RUT

  • This topic has 0 replies, 1 voice, and was last updated 11 years, 9 months ago by Steven Place.
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  • October 17, 2014 at 8:54 am #2367
    Steven Place
    Keymaster

    Nice 3 day pop off the lows, but we’re coming into big resistance at 1110.

    rut-chart

    Here’s the trade I like:

    Sell to open RUT Nov 1150/1160 bear call spread for 1.90

    – the mid right now is 2.00 but i doubt that will easily get filled.

    Be prepared to ADD to the trade at 3.00

    If we can buy it back for 1.00 quickly then we will.

    rut-bear-call

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