I don't know what is in store for the world, but technically this has been the easiest market to trade of my lifetime. Very technical, very clean PA, it is essentially telegraphing the pivots.
It sure is technical, but the counter swings are huge, so have not been very easy for me. I called the 'big picture' for today, but got chopped up this morning and decided to step back. What's your typical stop been?
Last week we hit a record RTH range of 130 ES points. Just exceeded that by 18,25 points at 148,25. Nice.
Ops, this was a bit more "upward pressure" than I expected. But looks good in my portfolio: Next part of the plan: purchase with 50% of the profits as much 2980 puts as possible....keep core position for tomorrow´s G7 conference call between finance ministers....