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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Real Man who wrote (11491)6/5/2006 8:16:15 AM
From: Murray Grummitt  Read Replies (1) of 12410
 
I got an oversold bounce from beyond -200 on my CCI on Friday just before noon but I used the bounce to scale into a short position on the NQ & ER2 to hold over the weekend. I have quite a large position because they "Painted the Table" before the weekend. I was amazed to see this happen with the TRIN staying high and closing at 1.27! Both the SOX & INX closed lower on friday so there is a 70% chance we will close down today.

How does one determine which day of the expiry month one should switch from trading the current contract to the next expiry contract?
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