Thursday, July 26, 2012

ES Update

 ES since Draghi's comments, it looks like they are being sold in to as Draghi really didn't offer anything new other than words. These EU "Breaking News" events usually get sold off pretty quick.

Underlying assets have gone negative as well as you can see in the CONTEXT ES Model.

I'm interested in a UVXY call position, but with the calls I want to try to time them well, FAZ as a long equity position I'm not too concerned about, several days from now and I feel confident it will be higher.

No comments: