chaas

chaas

4 points to mention 1. 50% fib retracement 2. 4 day time extension from last retracement 3. 5 waves in the channel 4. Mac divergence negatively right before its about to break the trend line. idea: trend reversal to 2174. 13% drop, buying Upro aug 17(3 week time extension) put spread 25/15 @ 3 bucks gives you a 3.3-1 payout.