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pantheo
Jan 8, 2016 7:54 AM

Covering short 

Apple Inc.NASDAQ

Description

Possible bullish butterfly
Comments
IvanLabrie
Great spot to bank.
pantheo
Thank you Ivan. Better safe, than sorry moment. Market internals are exhausted short term wise. Looks like R/R leaning towards the long side. Smart money % buying jump yesterday. Will check VIX, if close inside BB's will be a long signal for a bounce.
IvanLabrie
Yes, I'm monitoring VIX but it sure is scary to go long.
Technically we're at support here, so it's interesting but for now I'm watching.
pantheo
It's scary, you're right. Watching too. After NFP's we see how things are settled and take it from there.
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