Sultan_of_Stock

Sultan_of_Stock

Good spot to short.

Sultan_of_Stock

Bye bye best buy. We had a nice run... thought we would fill the gap together... maybe another time.

Sultan_of_Stock

Trend is still very much in tact. Everyone wants to be hero that spots the top. I just want to take the easy trades.

Sultan_of_Stock

Just a little kiss before the next leg up. Textbook action.

Sultan_of_Stock

No demand at these levels.

Sultan_of_Stock

SPX at major support. If 1960 holds. Underneath 1960 I would become neutral. This Bull Market is Guilty Until Proven Innocent.

Sultan_of_Stock

Classic Story, Shorts got stuck.

Sultan_of_Stock

Always have to rethink positions as more evidence comes in. Price action is saying no sell off. When there is no sell off at all time highs it usually means a strong breakout/trend continuation is coming. Sell off may happen when the iwatch is released.

Sultan_of_Stock

Looking to run back to $400

Sultan_of_Stock

Second Test of 200 day MA

Sultan_of_Stock

CRM preparing to finish rally that started in Jun 2013.

Sultan_of_Stock

Revenge trades never work. So this probably won't.

Sultan_of_Stock

Have good support underneath that should be tested next week.

Sultan_of_Stock

No overhead resistance. $36-$37 price target.

Sultan_of_Stock

BBY broke out to new highs since Jan Gap down. Gap fill at ~$37

Sultan_of_Stock

Better Chart

Sultan_of_Stock

Best Buy broke out above 200 day MA. 50 day MA about to cross over 200 day. Minimum GAP fill @ 37

Sultan_of_Stock

APPL had an epic run as a company. After the late 2012, 2013 sell-off it was only right to have apple run back towards all time highs before finally fizzing out. Competition has set in long ago. Just like all good things must come to end so must Apple ride. Short @ $96 Stop @ Close above $105 Target @ $67