Short

Short GC from 2334.5

Updated

GC bulls seem to be getting continuously beaten down with weakening strength. I'm generally still looking for shorts. I see over 100 contracts sitting on the offer around 2335. I think we'll either hit resistance and/or absorption around that level before rotating back down. Entering just below that level in case it can't be breached with a stop a few points above. Looking for a larger rotation down of at least 10 points.

Trade active

That was a crazy spike to open the Asia markets, but an excellent entry! Moving stop to break even at 2334.5. May consider taking profit at 2330 where there is a decent amount of resting liquidity.

Trade closed: target reached

What a beauty! Just like we drew it up.

SkyIsCalling

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