Thursday, February 4, 2016

Awaiting for NFP Friday 2-5-16

US indices didn't go much further in either direction after their early exploring up and down. Neither bull or bear would commit before NFP tomorrow. Would a bad news be good or the other way around? Technically B Bands are in narrow channel in daily and 4 hr for both SPX and RUT. We may see break out one way or another tomorrow.

I had only one close out trade in SPY calls today. I missed the morning movement while looking for car trouble solutions. I may have plenty to trade tomorrow since I have only 2 positions expiring.

Risk factors remain the same. I have some firing power to use tomorrow.

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