Tuesday, February 23, 2010

02/23 OEX Weekly Iron Condor

OEX made a fast descend Today, the iron condor position is still with a good probability of success. Now it is a matter of following closely to see if we find some sort of pull-back and/or consolidation, which I think might happen in the next day or so given the fact we’re trading around the moving averages and around the 500 price level on the daily chart.

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