Holiday - so no day trading for me this week. I still have my eyes set on 3760 or more as a high reading by end of year and there is a strong upside bias by end of year anyhow. So I'm going to hold a few MES for some beer money on a swing trade for the week ahead. Went long 1 contract on the Open and added another on rising price.
Eliminating the risk at this point and putting out sell limits @3750. If we pull back towards 3700 on or near the Open - I will probably add quite a few more contracts if I like what I see. But not interested in chasing this at these levels right now.
Yep! COVID-19 baby boom expected to start in January https://nypost.com/2020/12/26/covid-19-baby-boom-expected-to-start-in-january/ New York City is about to experience a baby “bump” — as pandemic pregnancies are on the rise and more women are seeking fertility treatments, doctors told The Post.
Added another 3 @ 22.00. Average is 07.75. Will stop out the entire position @ 08.75. I have 3709/10 as the absolute low if today is to turn out as I anticipate. Ideally, we'll hold above 16 from here. If not - we'll probably slide all the day down to 3695. EDIT: Stop @ 16.75 on the entire position.