Futures Are Higher This AM 2/25/2013

SPX futures are surprisingly strong this AM.

Surprising only because the SPX will be opening right at the top of the Bollinger Band on the daily SPX chart.

Simply put, I am starting the day with a bias for a net selling day in the markets.  If we challenge, and exceed recent highs in the SPX during the course of the day’s action, I will close my short hedges and add to the longs that are working.

Check back later to see how this strategy works out.

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