Eoin personal portfolio stock market short position opened
Comment of the Day

July 24 2015

Commentary by Eoin Treacy

Eoin personal portfolio stock market short position opened

Eoin Treacy's view

My S&P 500 short broke even today. I decided to hold the position and opened a short in the Nasdaq-100, selling the September contract at 4572.5 including spread-bet dealing costs. The narrowing of breadth and increasing single stock volatility has me on edge. Additionally, at The Chart Seminar we define ranges as explosions waiting to happen. The S&P500 has been confined to a tight range since November and the eventual breakout, whether up or down, is likely to be powerful. 

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