Yea, I like the ES options best. I recon they are the only contract that you can get a fill (midpoint) on outside RTH with the weeklies, I tried with ZN and 6A and couldn't get a fill......... and if I can't get filled @ the mid, then I ain't putting the trade on. I don't know how people trade by hitting the MM spreads.
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
While killing some time tonight I flipped thru some of these tech "leaders" charts...Pretty fugly stuff...FANGS basically peaked on 3/1 and its been distribution since...On Feb 8th, it bottomed and we know what happened on 2/11...Now, it appears that today's weakness in NDX was really offset with energy strength and I can find alot of charts of the big blue chips that look decent, so it's a tough call, but I'd still lean towards a possibility that this Mar 7 turn date might have been it...(and I hate the fact that Draghi is speaking in a few days)
Bloomberg has nice article on ECB, and on how it's priced in priced for perfection. It's expected to be ECB's last policy change.
There have been 2 obvious support points around this level in the last 2 traing days. Should be a good trade. How many points r you going for?
What about 1974?
At 1983 .. 24 points the recent highs around 2007...at 2007 most everything is at a premium.. Like Fangs.. NFLX over 100, came under intense selling pressure.
For expansion of recent highs the market has to tolerate NFLX at 110, it doesn't seem like it's ready for that.. The risk is price rolls over NFLX ends up testing 82 to break it and head to 72. Implies SPOOZ at 1800 or lower at 1786.
For expansion of recent highs the market has to tolerate NFLX at 110, it doesn't seem like it's ready for that.. The risk is price rolls over NFLX ends up testing 82 to break it and head to 72. Implies SPOOZ at 1800 or lower at 1786.