Week of June 2
Bears finally showed up at 6000. Does it last.
Recap of last week
Last week, we took 3 trades. We hit all 3.
We sold ATM puts and bought OTM call spreads Monday morning. Which we closed right before NVDA earnings.
We pivoted quick as soon as NVDA earnings came out at 432 pm and went long 5911s.
Right when the crowd was euphoric and ES > 6000, we took profit which was within minutes of a top before ES dumped 150 points to close out the week.
Next move for markets
Keep reading with a 7-day free trial
Subscribe to Systematic Approach to $ES Futures to keep reading this post and get 7 days of free access to the full post archives.