Tuesday, January 5, 2016

Jan 5 - Equities hanging in there

Very soggy action to start the day and we might be looking at a bounce if SPY breaks out of the flag it is in.  Still sitting in small SSO and will sell on gap fill.

Promising setup here on 10 min.  If this fails, not a good sign and we are probably high risk for a flush out
 Still maintaining lower end of range
 Buy signal on 2 hr may trigger

 Still hangin on although precarious

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Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...