This morning's job report was better than expected, 175k vs 150k. Market shoot up pre-open. For whatever the reason good news is bad news again. Market started to moving down after opening. It tested the bottom of the flag of bull. ES ended up a doji day.
The real trouble is in grain complex. ZS took out Feb 27's high overnight and closed at high of the day again. It looks like pros expect a very bullish WSDE report for ZS. Corn and wheat held up fairly too. I refrained myself not to enter any position in grain today. I will deal with any consequences after Monday's USDA report.
CL pull back to Fib 50% today. I wanted to add a bear call at 106 or 105 but didn't since it's a Friday and the seasonal is up. I will re access it next week.
It's Chaching Friday. All of my ES are winners and made me $1.1K. Next two weeks are critical for my commodity options. May be I started with commodities too heavy and run into the geopolitical event which made commodities more volatile.
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