Bedros_Ohanian

Bedros_Ohanian Updated 

1) 2338.75 represents 161.80% Fibonacci extension of the 2134 to 1802.50 move from May of 2015 to February of 2016. 2). Large put/call option open interest at 2250, 2325 and 2350. 3). VIX at sub 11 levels, 14 day RSI at 69, and SPX Shiller P/E @ 28. 4). Trade idea: Short ES_F @ 2335, S/L 2365, target 2255, risk $1,500 to make $4,000 per contract.