/gc gapped down but not much and has already filled. Looking for this to be bullish stil. Like for it to break the drawn trend line for confirmation. Still see this reaching the above supply zone. Held GLD here and will continue to hold.
/es and /nq both gapped up. /es back up over 3000 and into our supply zone. Holding bottom range support so far. China news broke down to not being over the trade war afrerall but over international politics. No bad news over weekend. Will continue back on uptrend through zone IMO. Could nee that ATH range again on SPY. Looking for quick ORB in morning for...
After our big friday drop from china news. We still held our 13d ema and has small bounce up from it. Still bearish back down to our previous wedge but could go either way looking at charts. Def need to keep eye on this sunday night!
Big boost after our crazy friday markets. /GC coming with moment to upside and broke our 13d ema line. Could see a solid push up into the supply zone around 1544. Good play on GLD or if miners dont lag GDX and GDXJ. Could see a gap up on futures sunday night witb a clearer direction on week ahead.
TLT been on a tear to the downside with how bullish SPY has been. I like this one to the upside if SPY settles and drops back to EMAs. TLT also about to touch the 89d EMA which has always been a great buy area.
BAC pushing up into zone. Looking to follow this one this week and see if we get rejected. FEDs will be a catalyst. Might wait til wed after announcement unless solid tell is present. Love the options chains and liquidity on this stock!
GE is in a supply zone with high MFI. Breaking below trendline. Could see below $9 IMO. I like the $9 puts on this one. Looking for break below zone and into zone below to see if we could hold a swing or not. If SPY calms down and drops this will follow.
End of the current JDST trade. Got right up into that 34 day ema and closed right below. Great 30% swing here. No solid break or close above so sell to take profits best idea. Love the gold plays on the 3x lev's.
ES still in the zone from post yesterday. No breakout yet. Although made for an excellent PUT play on SPY entering right at market open and scalling in on ema rejection. Hit the bottom spot on for thee easy sell. We see our EMAs never broke bearish below the 89 day ema trend. Looking rangebound for now.
BAC has one of the best options change and a go to for contracts for me. Were in a confirmed short term bearish trend. Broke below 34 day ema on friday. This might get back to our demand "zone" below with possible stall or bounce from 13d ema. Another one to watch with SPY.
Target had big earnings boost with big gap up play. RSI getting way over extended, and its pulled away from the EMA's a good deal. I like this as a short position as well. Also looking for entry confirmation off 30m chart for a short swing as well as walmart. Keep on eye on what SPY is doing for these two.
Walmart broke our trendline to the short side. I like this one with a first target of $110 short intrest is low so watch out for that come monday. Looking for entry confirmation off 30m chart for possible short swing. If we see walmart drop can keep and eye on target as well.
GC still holding the trendline pretty well with a "zone" to match. Could be an easy entry. Loking for this to rise maybe overnight up into the trendline/zone with a drop to follow. Could see good prices on PUTs if this happens and catch it off the rise. Any positions held nust be patient. Trend is your friend "until the end"
Apple jumped into a "zone" last week. Last two times we seen a pretty good drop from this area. We also have a "gap fill" possibility below. I like bearish positions on this with break out the bottom of the zone, played back to the EMAs and possible further. With NQ looking bearish just adds a bit more confirmation.
Opened green but getting rejected at resistance like es and nq. On 30m chart a crossdown forming which could see a bit of a drop. I wouldnt be surprised to see all 3 indexes open in the red tomorrow. Puts held over weekend would make some money but not enough to be a big win per say. Still glad i stayed out this weekend. But as we know. One trump tweet could...