Thursday, June 11, 2015

Jun 11 - Potential for slight pullback

Yesterday's up volume strongly outpaced down volume.  On those spikes it has often led to down days immediately after if only temporary corrections.
SPY 60 min frame presents a good chance of consolidation/ pullback in near term.
2 hr frame also presenting potential sell signal

No comments:

Jun 12 - Sold $GOOG, $AMZN, $MARK, $IGT calls expiring this week, added July $GPS, $AAPL puts and $GLD calls

Lightening up today and yesterday a lot and have some of the holdings as puts. $FDX getting closer to retesting highs. $SPY close to 2...