A very slow day as the new year is approaching. ES had only 4.5 point range. People are waiting for the new year. Last two years had gap up and go right after new years day and never looked back. Will 2014 repeat it? Either way the up trend is still in tack.
I had two ES Jan-3 scalps filled before closing. I entered a CL/LO put sale as the trend turned up and had a pb today. It's 9.5% away but 54 days long. Anything could happen during this time and be ready to exit out.
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