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Tr8dingN3rd
Oct 28, 2016 7:18 AM

ES ready to tank? Short

E-mini S&P 500 FuturesCME

Description

The drawings on the chart catches the movements of the market very nicely.

Yesterday, the close was below the mini- support (white dashed).
A classical pullback to it with no continuation north indicates - ES will probably tank more...and the potential is down to the L-MLH.

I play this with options - selling Call-Spreads or even naked Calls...always small positions, but often.

P!

Trade closed: target reached

OK - Done.

Here we are...what next?
Let's observe if the L-MLH acts as support.

P!
Comments
IvanLabrie
Chaching...time to long mayhaps.
Tr8dingN3rd
LOL - Yes. Hunting...
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