Monday, May 13, 2013

T.J 5-13-13 Monday Again

Index futures opened gap down 4 points on Sunday night. ES along with other indies pushed high this morning indicating a strong interest of buyers. ES reached 1633.5 of an all time high again. Every push low to VPOCS got bought. The trend appears strong. I bought a call spread to hedge my futures options of short but not equal $ amount. Let's see if there will be a follow through day to take the market higher. Now it closed at higher part of day, looking like a P profile and a bull flag for hourly chart. May have to take a loss for my 1630 options.

My SSYS stock holding was stopped out on earning report this AM. It was a profitable trade.

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