Thursday, January 7, 2016

$ES_F and $CMG paper trade Jan 7th, 2016


Trade 1: Long $ES_F @1949.25, closed @1957.25; +8 points

Trade 2: Short $ES_F @ 1960.50, closed @1950.00; +10.5 points
Average: +9.25 points

Trade 3: $CMG vertical call spread options 415 S/420 B for 2.60 credit

$ES_F, $CMG


Support around 1910 level on the weekly chart, if that doesn't hold next support level is 200ma (1770). Lets see how the market reacts overnight.
$ES_F weekly

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