ES - S&P Update shows correct assumption, but with time-delay

17 Mei 2017

The dashed arrow comes from the prior post.
As we can see, we cannot expect the market do immediately what we wish.

But at least we have a clue, how good our assumption, tools & systems are.

Now, we are at multiple resistance points, with ES below the centerline.
Most of the time this is a no brainer, and my shorts are already in and working.


Since I also expect the VIX to rise more (...as a natural function of faster declining markets), I have Vega-Hedged my positions and my options portfolio is now pretty neutral.

Looking forward for the decline in the following days...


P!

17 Mei 2017

Nota

So, you like it? §8-)

18 Mei 2017

Nota

Here we are - at least for now.
Courious if we see a test/retest at the L-MLH.

22 Mei 2017

Nota

That's it for now with the ES - I'm happy and wait to find the next move bevor the move §8-)