It snowed in London this afternoon, just as I was collecting my car from service. We are not used to snow and there was chaos and sliding. Luckily we have all wheel drive.
On the other hand, not much chaos in the ES today. The first trade was a little later than usual and our entry was a little late too as the market was so quiet. And then they hit the gas pedal when RTH opened. It was all quite smooth with both momentum and CVD confirming the moved. The range bars eliminated most of the chop. The single prints in the Profile in the first hour of RTH mirrored the vertical move of 16 December. We took the 3 scales on the trade and called it a day.
Click to enlarge
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