Quick MCP Equity Update

Still no fill on Calls yesterday for MCP, nor HYG puts.

However the position I was hoping to fill out was an MCP trading position (Equity) however yesterday it just seemed too narrow, too much like a "V" if it were to take off on the upside from there so the half long MCP trading position has remained as such.

This is what I'm looking for with MCP to consider adding that other half and I think there's a good chance we get it so you may want to set some price alerts if you are interested.

A return near yesterday's lows forming a "W" like pattern. If or once we get down there, then it's a matter of confirming the signal again and obviously watching for a small run under the white trendline as a timing marker, but at least that would give us a more proportionate reversal process on this section of the pullback.