Trading plan for Feb. 12, 2016


ESH6 Feb. 11, 2016. Daily chart.

ES racked up its sixth losing day in a row yesterday, responding to tumbling oil prices.

Even though it tried to bounce in late-afternoon trading after hints the Saudis are said to be “ready to cooperate” on an oil production cut, the ES still closed in loss.

Today is the Friday before a long weekend, and option expiration. Stay alert.

Member content

Comments are closed.