Nov 292012
It would be great if I could come up with an example trade today, but I don’t have one. The ES traded in 2 DTG levels, but neither provided order flow entry opportunities. Press conferences by Boehner and then Reid trampled the DTG 7.75 level with volatility and did not provide any clues for long trade opportunities. The ES volatility dried up after the press conferences which made for a long afternoon of waiting for something to happen which never did. No example trade today.
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