July expiration

Expect usual expiration day shenanigans as traders re-position for the next month and mr market pins at the best possible price.

We are at or close to a peak and a clear target above. Measured move just about done.

Chart of S&P500 for 15 July 2016

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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational & entertainment purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions. 

 

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