Thursday, November 21, 2013

Unexpected 11-21-13

ES held at 1775 (Fib 50% RT) overnight and pushed up after European open. My last night's hypothesis didn't work. I thought there would be an attempt of test the gap zone this morning and it didn't happen either. It just kept going up with only one 3 points pull back. The move saved my SPY calls today and turned it into a 25% profit trade. The up trend continues and we may see a new high tomorrow.

Obviously I didn't get any fill for my planed ES entries from last night. I tried to sell ZB puts after couple paper trades but no fill today.    

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