March 18 globex

I'm shorting the ES at 1165.25 and 1165.50/75 for a run down to 1150-1146 area.

I'm kinda on board with you ... but playing the SPY with a straddle at 117. I'm biased short on it too.

I posted the trade today on another thread "SPY Straddle Trade."

What analysis are you looking at that has you shorting there?

MM

Originally posted by pips2007

I'm shorting the ES at 1165.25 and 1165.50/75 for a run down to 1150-1146 area.

pips, just curious, did you take the short yet (at a lower price)?

Originally posted by pips2007

I'm shorting the ES at 1165.25 and 1165.50/75 for a run down to 1150-1146 area.

good call

stockster,

That call was given after the March 18 close at 4:15 pm est.

That was for shorts overnight and there was no fill. My fills were at 1164.50/1164.75, missed 1165.50.

1150-1146 and possible low at 1141-1040.50 are in play.

1126.25 is the key number.

After this low, the move up to 1200 could be rapid, if I'm right.

Good trading