Wednesday, August 7, 2013

T.J. 8-6-13

ES was down 10 points today as there was no any major news. It looks like it's ready to explore downward since 1700 was reached. It may need a pull back to build more inventory for another up leg or to play terrible August. I didn't have any fill today in ES because my targeted price not met. I will see how the price action will provide a clue for the market direction.

I tried to enter a type of spread in SPY. I had call filled but no put yet.

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