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NCcorntrader
Senior Contributor

Evening Trade 12/6

Good evening all

 

CURRENT POSITIONS:

LONG MAR @ 590.50

 

RECENT TRADES:

SELL TO CLOSE MAR @ 583.00

 

Closed out a position at a loss this morning to take some money off the table. Turned out to be a bad move in hindsight but not a bad decision at the time IMO, so I can live with it.. That was a pretty serious rally today- usually you see dips of selling throughout the day but it was pretty much steady up today. I am not inclined to bet against the price right now but I am leaning towards a new range entrenchment. Still trying to figure out what that is. I will be clear for the report Friday- will probably look for a new strategy going forward Sunday night.

 

1935 ET

 

Mar at 597.25. Strong volume the first minute but not much since.

 

2140 ET

 

Price now holding at 599.

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