ESM11 – June E-Mini S&P (Last:1341.50)

We’ll stand pat with our short position, tuning out the unwatchably tedious process of accumulation/distribution currently under way. The futures are headed either slightly higher or much lower, but we are all but certain in theory to book a gain regardless of which. We went short two contracts at 1358.25 but now hold one with an effective cost basis of 1363.00.  Forecast for Friday:  Like, who cares?