The spy looks really bearish, but don't be fooled! there could be a major stophunt that can push prices up and then crash after. i would wait till you see the SPY falling in stead of purchasing puts right away.
It looks like we are trading in a range, possibly accumulating before a breakout to 100 dollar. the fundamentals look good for amd, plus we see that after a range a breakout follows. no garanteed, it could take a lot longer. Please let me know your thoughts.
there is a clear reverse head and shoulders pattern going on with ASML, in combination with the ascending triangle it's seems's bullisch. one downside is that it tested resistence at the 50 moving average. but it is still in a longterm uptrend if u look at the 200 MA.
this big head and schoulders pattern could be an indication of a bear run. although it might go bullish after good news so be very careful. i think it will rebound of the indicated support.
