Thursday, September 13, 2012

Thursday Evening

S&P futures traders started rolling into the December contract today, but I don't make the shift until the Monday of expiration week (next week). The bulls made a strong push up today to print another new high for the year (1464.25).

I stepped in front of it today and put on a swing short in S&P futures (Sep) with an average entry price of 1456.25. My stop is above 1470ish. I'm thinking we put in the highs of the year today... yup, don't laugh, I just said that....lol.