The PEAD projected a Neutral outlook for $INFY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
We are neutral on the Dax at the moment as the US and China agreed a deal which has been the index rise. However, a break below support 13172 would open the door to further downside but we don't anticipate significant price action of the coming trading sessions.
It is time to keep tracking the Gold price!
We still have a neutral view on Silver given it's volatility and the uncertainty surrounding the US and China trade war. Therefore we are awaiting significant price action to take a view on the future course of the market but still believe the market could easily drop towards $15.55.
WE HAVE FORMED A HEAD AND SHOULDERS ON GBPJPY WE COULD EXPECT A FUTHER DOWNSIDE T0 THE MONTHLY SUPPORT @125.090 HOWEVER ON THE FLIP SIDE IF WE BREAK PAST THE MONTHLY RESISTACNE @160.956 I WOULD BE LOOKING FOR BUY TRADES ONLY.
Decided to deploy a slight negative to neutral bias August18th Iron Condor option on XBI. 30 Day IV rank 84.952% The strikes are as follows. The Sell side is a 10 point spread of 74(.24 delta) Put / 84 (.30 delta) Call. The buy side options at the 72 and 86 strikes respectively. Premium collected was .90 cents per share which and will look to cover position...
$NFLX is currently neutral. This will pop or drop on news. Look for the wedge to get tighter throughout the QTR and earnings to move this.