2012-02-03

Portfolio Update — Short Term Trade: Short ES @ 1339

Markets are soaring on a pathetic job report in the US. Technicals show extreme overbought-ness (if that's a word) and RSI is close to + infinity.

Update: markets are boring today, and it's Friday 1 AM here. So I'll just leave it here for today and left a stop order at 1340. Quite tight, I don't want to take risk on a position overnight, and if the highs were not in, it means I'm wrong and my position needs to be closed.

No comments: