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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Patrick Slevin who wrote (5462)6/22/2000 3:21:00 PM
From: F Robert Simms  Read Replies (1) of 7434
 
<I guess that must be a subjective issue. >

Yes it is subjective on saying if there is a slope on the 30/34. Looking at this month I would say that since the 6th the slope has been pretty flat except for the 12th, 14th and today. Even those days were not strongly sloped. That tells me that we have been in a sideways chop most of this month. Not a bad trend indicator to me. If I can just learn how to use the information that I have. May just had 5 flat days on the 30/34 on the ES00M contract. That correlates well with my 3 days of losses.

PS. I now have qcharts;)
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