yea, 7-10 outta half position when we talked last and holding the other half as of now. Yea its been nuts. (count still is in tact but wouldnt mind seein a turn around tues) definately set up for one ) I almost hedged yesterday but didnt pull the trigger.
Spx looks to be finishing up the extended c wave of a double zig zag. a push below 1392 will invalidate the w4 on the daily.
- on 60 min looks like a 3 of 5 on the gap down this mrng. looking for the 4 then the final 5 down to complete the zig zag. Possible truncation of the 5th may end up happening.
need that 4th though to stop the 3 down. 1410-1412 in spx is the 1.618 of w1 on the 60 min
Nat gas still long will be adding @ 375 basis jan if It can get there.
Oh yea buy FB zig zag complete for w2 should start the ascent to 27.50 -28.00 1st obj
What you trading these days? you get short ?
CK