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Monday 16 December 2013

Sell S&P 500 @ 1790- 1 win or more at higher risk

Sell S&P 500 @ 1790 if it stays below & drops further, for less than 30 minutes expiration

Results: 1 win or more at higher risk
S&P 500 did broke above 1790 at the beginning, so we were cautious & waited for it to weaken until we believe it couldn't break above 1790 anymore
Safest would be to sell slightly below 1790 after it couldn't even reach 1790 again anymore, for it to expire @ 1787.42 at 3:30pm EST

More possible wins selling @ 1788 but risk is higher
1788 was also quite a resistance but not strong enough
S&P 500 also closed @ 1786.54 at the end of the day


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