Sold a batch of SPY calls I picked up two days ago for solid gain. Why?
-sell signal on 30 min frame
-near sell signal on 60 min frame
-at a level in VIX where it oftens reverses, look at CCI, RSI, and price. It has bounced usually during last few months
- SPY also near resistance and may consolidate, but also may push to ATH. Although I'm bullish I think odds aren't great on short time frame.
Looking at maybe shorting gold/ silver as both weekly and daily showing black reversal candles.
I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...
I have been stopped out twice in last few weeks trying to short GLD. I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...