ES continued to fill in the LVA as expected for this Friday. I have only 1 bull put expired and out of all bear calls with a small profit.
Grains continued in bearish mood. Wheat was up 8 pts at one time but gave all back at closing. I laid out a spread sheet for roll overs in my wheat positions to next 3 months. The damage looks pretty bad. I have three days next week to unwind all my positions.
CL held its current range of 107ish. It's all depending on Iraq this weekend now. I am have to roll it over too.
The good sign is that I am not getting all emotional but calmly prepare to exit my positions. Of course the bad part is that I wasn't rational and disciplined enough to cut my loss earlier or held off the natural reaction of fighting the trend.
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