Friday, December 9, 2011

DOW JONES / INDU

NSE has started contracts for Dow Jones and the S&P 500. I will be covering both of these going forward and I think this could lead to additional opportunities

As far as the DOW is concerned the Lot size is 25 - Margin 33000 and S&P Lot 250 - Margin 34000

I dont have intraday data on the S&P so wont be posting it's chart for sometime

The chart on the DOW indicates a flat trading day today. However, sometime in Dec - Jan - I expect that it retraces back towards 11000~ levels. One can start building shorts on the DOW around 12100 odd levels

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