The employment report was 217K vs expected 214K. It gave the bull another shot in the arm. Although ES price didn't jump after the release and even 10 min after open. But it grind up all day. It closed 1 tick to 1950. Today was the thirteenth consecutive green days for ES and 15 out of 16 up days in a roll. I tried to add on my bear call of 1935 but no fill. I will have next week to see how much up ES will go.
Grains finally had a bounce day. It's a short covering before next week's USDA report. Wheat and corn are in deep oversold territory on daily chart. I sold bear calls of 725 and 535 for wheat and corn respectively. No fill on bull puts side.
No trade in energy today.
This week is a light week. There are only 3 single ES positions expired. ES have had no pull back for the last 13 days. I spent a lot of time on commodities. I need to pay attention to ES and refer to my asset allocation table to keep my trades in balance.
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