Friday, October 30, 2015

Oct 30 - Short SPY

Not expecting a big move down but some settling next week.  We have retrace the whole move down from August today.

100% retrace

Negative divergence on hourly.  Nothing terribly scary but does look a pullback is due soon even if it only a few days

Red sell bars beginning to appear here.  Thing is they often appear before the move down or up occurs.




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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

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...