Sell two sigma puts and calls on the indexes. Let's price them out on SPooz now. Preferably Sept/Oct 2016 expiration.
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
That gap at 1860 is still un filled.
Yep. But I doubt we'll fill it right away, we've cleared 1940 resistance now, IMO now we head higher. That's what I am seeing.
observation: crude failed to breakout, ES failed at trend line resistance
What are your views on Tom DeMarks prognostications?.. He thinks 1786 as target.
http://www.elitetrader.com/et/index.php?threads/spectres-journal.250896/page-11
Equities will be hit hard.
Equities will be hit hard.
Nice chart, thanks. Last fridays overshoot is terrible timing for this 2 week rally. Feb needs to close above 1955 to avoid another historic failure. Close below 1930 will have dire consequences. I'm not a bear fanatic, I'm just reading my charts. Very important close tomorrow.
I'm looking at 1920, stay long above and short below it. Confluence of trend lines.. and support.
