and China looming, along with everything else out
there...can't imagine people positioning long into the close.
With that being said... I will likely close 1/2 short
position and raise stops.
Would appreciate the board's thoughts on this. TIA
yes but it's also OPEX options expiration and weird things occur
near close at times. Three day weekend, we'll see, very short
term intra day quite oversold, would not be surprised to see some
sort of RVM bounce here short term
as I said below, was due for some RVM type bonce, a nice
hammer formed on the 15 min ES, and price took back 50% of candle
on 20 min - could have been triggers for a trade
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with 3 day weekend on tap
Posted by whs956 on 15th of Jan 2016 at 12:39 pm
and China looming, along with everything else out there...can't imagine people positioning long into the close. With that being said... I will likely close 1/2 short position and raise stops.
Would appreciate the board's thoughts on this. TIA
yes but it's also OPEX
Posted by matt on 15th of Jan 2016 at 12:44 pm
yes but it's also OPEX options expiration and weird things occur near close at times. Three day weekend, we'll see, very short term intra day quite oversold, would not be surprised to see some sort of RVM bounce here short term
Thanks Matt
Posted by whs956 on 15th of Jan 2016 at 12:56 pm
as I said below, was
Posted by matt on 15th of Jan 2016 at 12:56 pm
as I said below, was due for some RVM type bonce, a nice hammer formed on the 15 min ES, and price took back 50% of candle on 20 min - could have been triggers for a trade