Big Boys Movements:
6 weeks before Plunge of Singapore Index
Almost 6 weeks before the Singapore Market plunges 550 points (16%), there is a huge purchase of Puts contracts under Singapore ETF.
2 weeks before US market Plunge
Just 2 weeks before DOW Jones plunge 2000 points, there is a huge purchase of VIX.
While most of the US financial stocks are rallying, this financial stock did not join the party.
Less than 10 trading days to the big announcement.
More DOW components into trouble.
Nice Play on Vale for a good 300% gain at the start of the week. Also added 2 positions during the recent week.
S&P lost 7 points to close at 2191. Closing below 2,195 is bad for the BULLs.
Close enough for a desert story. Worth a closer look.
S&P closed 5 points lower at 2198.
3 points away from 2,195 support level.
The put position was purchased on 10 Nov 2016 and on 30 Nov, there was notice of the fund closing down.
Not the most amount of money placed. But definitely worth a look.
S&P closed 2 points higher at 2204. The BULLs remain strong above 2,195.
S&P closed lower 11 points at 2201. 2,195 still acting as the support.
A bullish 4-day week for the indices.
Strong recovery seen in the DOW 30.
Added 3 positions for the 4-day week.
S&P closed 1 point higher at 2204. Market will be closed on Thursday for Thanksgiving holiday.