But we digress... 
SPX Credit Spread Trader
- Thread starter El OchoCinco
- Start date
ES (and SPX as well) hit resistance right at the highs at the moving average and the previous highs resistance line. Seems like we have another consolidating pattern which could be leaning towards a downside breakout. that is why I closed the put ratio spread for a quick 1-day profit, so that I could let it fall and find another entry point.
Key indication is what we do over the next few days and of course the Fed announcement which could confirm what I have said or kick it in the bukake. Either way, my sentiment right now is for a pullback off the resistance.
Key indication is what we do over the next few days and of course the Fed announcement which could confirm what I have said or kick it in the bukake. Either way, my sentiment right now is for a pullback off the resistance.
It must be April 1.....coach is posting 2X and now a GOOG trade
Politely hinting about keeping on topic lol...
did we???
Yeah, I spent most time to read, not only your book (only 330 pages) but also this thread ( 1335 pages and more than 8000 posts and still growing)
. I do want to repeat asked questions if I can dig it out from ET.Actually, I learned a lot from Coach, Mo, Rally and many others. and hope one day I can contribute something. Thanks all.