I closed FAS which was just a long trade, no options. Between the charts there and how fast ES just got ugly, I don't mind if FAS goes higher, it's not with the probabilities and I'm not going to have a loss trading against the probabilities as the trend expected has been down and any up action has been considered "noise".
Not much of a profit, but hey!
FAS 1 min
FAS 2 min
FAS 3 min- between these 3 charts, it may be early, there may be more upside later, but I'm closing it up.
I really don't like how fast and how negative the ES chart turned, even the 1 min FAS chart turned pretty quickly around 1 p.m. or so.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment