Hello everybody,
For now, our outlook is bearish. That is, strategically bearish, while we hope for a decisive movement upwards to finally open a (short) position. ELP needs some volatility to open a position, but volatility is very low presently, so that may not happen - again.
It you have already seen our signals for today, you know that the trigger price today is 3417. But be careful: one contract should be sold as soon as the S&P500 touches the price intraday, and the second - only if the day's close is also higher than 3417. If, on the other hand, the index hits 3417 and then closes lower, we are to remain with just one contract on hand.
Good luck,
ELP team
For now, our outlook is bearish. That is, strategically bearish, while we hope for a decisive movement upwards to finally open a (short) position. ELP needs some volatility to open a position, but volatility is very low presently, so that may not happen - again.
It you have already seen our signals for today, you know that the trigger price today is 3417. But be careful: one contract should be sold as soon as the S&P500 touches the price intraday, and the second - only if the day's close is also higher than 3417. If, on the other hand, the index hits 3417 and then closes lower, we are to remain with just one contract on hand.
Good luck,
ELP team
No comments:
Post a Comment