Sold The Open


Sold ES at 8:20, just before the open, at 2265…based on weakness overnight…

Sold to open 5 contracts, at 2265
Exited at 2251 on the bounce
14 point gain @ $50.00 per point x 5 contracts

If the slide closes today under 2260, I’ll short the SPX mkt with a Delta 65 put..
My next level for the reversal is 2245, a 38% fib and 25dma…if it continues past the 2250 previous box bottom..