ES Head-and-Shoulders, Positions

SLD:
12/14 - IWM 82.47
12/13 - SMH 32.80
12/13 - SLV 31.31
12/13 - SIL 22.96
12/13 - MOO 52.65
12/13 - EEM 43.20
12/13 - FPHAX pharmaceuticals 15.54

BOT:
12/14 - ZSL 44.36 (1.5 x pos) double-short silver, so it's like short 3 x SLV. Originally taken as day trade, but silver is so limp - decided to keep it overnight. Tight stop.

 Positions:
http://stockcharts.com/freecharts/candleglance.html?IWM,XLU,$CEX,IHI,SRS,JJG|B|P5,3,3
JJG - 1/2pos.
XLU, $CEX, IHI are for mut funds tracking intraday (FIUIX, FSCHX, FSMEX).

Classic H&S on 3days/30min Dec ESZ12.
I figure 1424es neckline. Min target is 1410ish Dec ES. OpEx is next week.
      Notable that high of the head is Fed announcement. I observed as it was collapsing here (link) on 12/12/12 :

i Bergamot

Don't you love how fed ramp gets reversed every time.
It's like deja-vu or something...

1day ago
1 Like 
 
Contract is rolling, so its not as apparent on continuation chart