ES Journal - 2013

looks ripe to start stabbing short and long vol... been doing alot better trading options again soley instead of ES etc..

 

covered 59

 

seems you were early. How is dvol uvol looking today?

 

Funny how time clarifies things. :eek:

 

trend day...edit, not really a trend day because the uvol is not flatlining ,just a down day,could flatline later

 

spx

 

blue line posted yesterday from 2002 1557 50

 

xlf

 

classic example of fear ,listening to the hype,trading what you think vs what you see,was setting up for a trend day,planned last nite to cover at 59 ,had a bid in there and left it alone

 

Thanks.

There are 2 possibilities in my eyes:

1) We get a bounce around 1552/1553 and go up from here to 1570.

2) We breach 1550 and then we are going to 1542 or so.