Very Clean Breakout

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After the close yesterday, it occurred to me that a very clean breakout was forming, and that a break above 1283 on the ES would be awfully bullish. Based on that, as I mentioned in the comments section yesterday afternoon, I took on a very large SPY long position.

Well, it's the wee hours of the morning, and I decided to check the markets. Sure enough, even though the Euro isn't doing much of anything, the ES and NQ are up strong. I can't believe I'm typing this, but this could set the S&P up for a journey to 1424 or so.

0110-es

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