ES Journal - 2014

Here's the London Currency Desk Pain Index for the hour...AUDJPY. Probably needs to print another high into 1200 CT to cap it out.

 

Lots of shorts caught with their pants down today......lol

 

add 92 5

 

Algo hammering at SPX 2000, RUT 1150 to no avail. Still feels like RUT 55 in play. TF 48ish fair value.

Edit - Dec. contract

 

add 65

 

Exit final KRE piece as banks fail to sustain breakout move into Fed meeting

 

out of the dec 90 5 working out of the sep reduce 98 75 ...out

 

out at 52 5

 

looking to short 99 dec, yet thinking bonds could see 134s after fed