Very nice! ...Taking more Profits!

Taking more off here on our ES short , as we must be discipline @ 1047.50 for +40.
XOM has earnings tomorrow and the INDU is down only 50 or so points. Have a small 1/3rd short position left. Great stuff!

Lets take some ES off here +23

Cover some contracts @ 1064 area...+ 23 total from the average in at 1084 and 1091 area. I'm keeping a modest position still short if as this could be something bigger but if its not then who cares we banked the move!

Very Nice Push!

The late day sell off was a welcomed surprise but honestly how many days in a row do we continue up without a correction. I am very happy with the 1084 and then adding at 1091 for a swing short of what I'm thinking of at least 1058-60 area for taking some profits. Good Luck to all that held through the noise of last week or so.

Adding here @ 1091

Very good area!

Short ES @ 1084.50

Taking a short position.

Adding some ES short Here 1055

Good area again to inch in as we are close IMHO...Watch the financials for hints of a rollover.

Update 3ET..There's the +10 point drop I was hoping for. Took some contracts off on that but we are very close in terms of cycle dates to a huge correction happening.

Take a look at FAZ and SRS very good risk reward and charts. Picked up some of each today.
Long FAZ @ 21 and SRS @ 10

Lets just wait

We had the expected bounce I was talking about last week. The indicators I follow were a bit too oversold to have us collapse lower. Today the financials upgraded each other and we have a strong financial led rally with GS leading the charge. I like another day of upside where I will be adding back short size again. As for today, the volume and lower USD will support the markets into the close. Lets be patient here.

Lets Be Disipline

Taking a little off here again as we retraced lower again off the 1065 short.@ 1033 for +32points. Also covered some SPY @ 103.50 for +2.8 .

Staying the course but crazy not to take some off. Hope all of you made a ton on these trades!