My plan:
1. ES/SPX: Upside target: 1963-1971 on CHVN, test previous B/O area, +6 points for SPX. I will sell bear call spread on resistance area.
Downside: ES 1930 O/N low, 1922 PP, Will sell bull put in this area.
2. RUT. Currently at 1112, my 1120 bear call spreads are endanger which expire tomorrow. I will try to exit on any weakness.
3. Grains are up again overnight. Check and update seasonal, reevaluate my positions and plan. Try to lock in some profit for these far out of money and time positions.
Started my morning plan today. It was some what rushed.
ES/SPX pushed to Fib 62% RT and got pushed down as expected. The sell off wasn't severer. I started to look for 8% out bull put spread but no fill.
RUT had a pull back also which help me to exit out my near money position. I exited out better than expected with a 40% profit.
Grains had a reversal day at end of the session. But they are still in their slightly short term up trends. I feel getting slapped left and right. I will lock in profits for couple of my bean and wheat next spring positions. I have tried for two days but no fills yet.
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