As expected, Mr Bernanke's speech moved the market up and down almost 40 point in ES. An early push to a new high of 1686 before he started talking and drop to the low of 1647. It showed the Fed's power.
The market is afraid of the end of QE3. A lot of people complain about QE3 but enjoy the benefits of it.
I sold a call of 1710 near top and couple more of 1610-05 2 day scalping. My yesterday's 1615 may be in trouble. I will manage the risk tomorrow.
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