Friday, September 18, 2009

September 18 2009 ES Prep Posted


Good morning. Quadruple witching today. Trade with care. See comments on prep.

I have a speculative contraction premise on the prep. Note that the overall premise is rangebound.

There is no confirmation of a contraction yet. By the book, premise is 1056.75 x 1070.00 with a sideways to upward bias.

Goals for today:

1. Take premium setups with confirmation only.

2. Trade what you feel that is in line with your premise.

3. Let the market prove you wrong.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.