Day 45 Jan expirations
Notes:
- 200/50 Moving average is still down.
- 20/5 is uptrending.
- Charting a bit of a mess. Maybe double bottom. W.
- Asia down, Europe mixed. bet down today.
- Candle. Piercing to the bottom today. Down trend
- Tested 1570 and below.
- Took Vput 1560/1550 for 30 cents.
PS: I only take VPUT in jan expirations. The market on average goes up in the 6 weeks from DEC 1 to Jan 15. My Christmas trade.