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S&P 500 E-mini Futures

Trade Alert: I prefer to be flat

476
In an abundance of caution and since I have a bottoming count in the black wave 2, I've decided to take my profits off the table. Therefore I have closed my Jan EOM 4100 Calls in which I kept over 80% of the original premium raised and my newly opened 4180 Feb EOM calls in which I kept 35% of the original premium raise for a total amount of $15,231 in premium income for January.

I want to be clear....this is not to say I'm bullish. This is a risk management decision for me.

Best to all,

Chris
maikisch
Chart PatternselliottwaveforecastsElliott WaveESSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternselliottwaveforecastsElliott WaveESSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
maikisch

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.