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Simple Trend Trades
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Simple Trend Trades

by The MoleAugust 17, 2015

I’m going to keep it super simple today. Over the past few months we have observed increasing evidence of two medium trend shifts – a swing down on the equities and a push up on the bond side. My simple modus operandi going forward is to wait for short term trend trading opportunities in order to be positioned if/once we finally see acceleration. Yeah, I know – hopefully sometime this year – it’s been painful.

2015-08-17_bonds_briefing

Bonds have been on a strong trajectory higher but have pulled back a little over the past few sessions. From here we either revisit the 100-day SMA or we proceed higher in the near term future. I’m currently long the ZB but will flip for a short position if we drop through 158.

2015-08-17_spoos_briefing

Equities – not as clear as the situation in bonds just. It’s hard to miss that falling diagonal on the spoos however and it’s now touching the 100-day SMA. Which means make or break time. It’s all fun and games until the bulls suddenly find themselves 100 handles lower. I’m cautiously short but do still leave the door open for another FU push higher. Distribution is as distribution does.

Not much else going on this morning but I did dig up two juicy GBP campaigns. Please meet me in the lair:

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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