Based on our bullish Commentary on the stock market posted 10/10, we exited our short SPY (avg 116.41) by going long ES futures on the open Sunday 10/11 at 1157.75 equivalent to SPY 116.31, netting about 10 SPY ticks.
We’ll unwind the hedge on tomorrows opening.
As of this writing based on the ES high, we have an unsatisfied SPY level 117.73.
Bernie Mitchell
www.feargreed.com
480 393 0671
You can learn our Fibonacci Impulse Strategies trading method at no cost. Our training videos take about 4 hours to complete. If interested send e-mail to pbsp@feargreed.com Att: Paul Mitchell
