Saturday, January 21, 2017

Weekly review





I will start to play Russel 2000 mini soon

Range:  RJH17( 1339-1374) . Open 1370 close 1352
             ESH17( 2253-2273) open: 2270 close 2266
             NQH17(5025-5083) OPen:5056 close 5058

 From the charts in below, I still think ES is the best trading instrument.





The market made it high on January 6. It's pretty range bound the whole week including Friday. I did the most of trading on Friday. I was worried about Jan 19th and 20th from my last week's post. It turned out there was not much, although it was volatile on Friday.

My own account: 



40% of the profit comes from NQ. The rest is from ES.

 

Friend's account: 
Next week.

I still think it might be range bounded.My estimate for the last week:
  . ES( 2250+/-5 pts -2280+/-5pts)
The real range is 2253-2273 
Next week:   ES ( 2240+/-5 pts -2270+/-5pts)
 

*****Happy Trading*****













IndexStarted WeekEnded WeekChange% ChangeYTD %
DJIA19885.7319827.25-58.48-0.30.3
Nasdaq5574.125555.33-18.79-0.33.2
S&P 5002274.642271.31-3.33-0.11.5
Russell 20001372.041352.58-19.46-1.4-0.3

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