The Late Show

Let the games begin
Vix Futures are showing a potential double top on the daily chart.
You got a big flush in the Equities going into London’s close.
I just bought the XLE January 15 56.5 X 58 Call spread for 53 cents.
A little help from Oil and the board could look very different late.
I’m not sold that this is the bottom in Oil, however my original plan was to pick up the XLE in the 55’s for a bounce. It traded there so I just put on a few bull spreads.
Natgas is starting to go again toward it’s 200 DMA.

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