Weekly post:
As said BTD, while call wall is rolling upward, however options are expensive. Not good for trading. Strategy is avoiding jumping in, but strictly waiting for long or short zones with reversion-trading strategy. Not good for momentum traders.
As long as ES=F is above 7187.63, it is all ok (intraday vol and vvol expectations even allow an 55-57 pts margin of error).
Let’s look at the positioning…
