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DOW .39%
We have been looking at the .35% number for months now. If we count the spike low on 10/4 the last correction was actually .39%. If we look at the current wave and apply .39% you can see it comes in...
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NQ 50% Price and Time
6.4 From the 11/25/11 low the NQ has went up 88 bars to the high we made 4/3/12. Tomorrow will be day 44 from the high which is 50% in time. The NQ is also sitting at a 50% price support. So tomorrow...
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Shorts were squeezed
6.6 We hope the last post helped you if you were short to lock in profits and not get squeezed out today as the market exploded to the upside. As the price is falling into support it always feels like...
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QQQ Update – Shorts are getting squeezed
6.15 On 6.4 we said to be careful if you were short if we took out the high of 6.4 the next day. The markets did take out the highs and 6.4 has marked the low of the wave down so far. In the last post...
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More Profits With NFLX Calls
7.5 Everyone was talking about NFLX today and it was up huge on the day. We were already positioned with the NFLX 70 calls. In the last update we talked about how we already booked profits and had a...
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SPY Market Update – Watch Support
10.30 Last week 95% of the commentary on TV was negative. There was a lot of talk about the bullish trend line being broken and that the market has confirmed its down-trend. Every time the market...
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