Waiting…

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  Currently the ES price action is sideways on the hourly chart but I'm really waiting for price to come back down and hit the 2015 area so I can back ratio my 209/210 call credit spread, exp. May 20th, to the long side.  I will also attempt to sell another Iron condor when price hits the 2015 area again.  I currently have the 198/199 put credit spread which is doing well.  So far today, I've had a small scalp trade for $96 bucks or what my mentor "Marc Nicolas" would say "Sushi money". Here is a photo of my Daily ES chart showing mR at 2015.44 and the price targets above.  Note:  Yes, I do follow the ES charts, but I trade my options plays using the SPY. 

ES 03212016 Monday
ES 03212016 Monday
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