$WYNN Shows Downward Trend Continuation in the Short Term Short

Wynn Resorts, LimitedNASDAQ

Description

⋅ Dec 28, 2016 8:03 PM

The Daily bar broke the previous down fractal as a probable continuation of the downward trend. A good setup position for a DITM Put, BWB Call at a credit to eventually roll, or simple 15-30 day credit spread to the downside.