Tuesday, July 30, 2013

T.J. 7-30-13 Waiting

ES tested both high and low of yesterday. It's clearly waiting for tomorrow's big news of GDP and Fed statement. I tried to enter couple of put sales to scalp for this Friday. Both 1630 and 1620 didn't get fill. It was somewhat impulsive when the market came down to test 1677. I am glad they didn't get filled. I should wait tomorrow's close to see which way the market is going. Get to remember last May's loss and the three day rule.

My Wheat Sept contract closed today with a 95% profit. On the other hand all 3D printing stocks are down today due to DDD's miss on 2nd Q report.

Tomorrow is a big day.

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