Tuesday, February 16, 2016

Feb 16 - Potential pullback target SPY

If we get some backfill, ideally would be looking at a 1/3 retrace to retrace Tuesday's move.  I am guessing btw 1-2%.  We also have some seasonality headwinds per Sentimentrader

A 1/3 retrace would be ideal and coincide with today's move

 A wild guess on how we might move up (assuming this is a new uptrend).

No comments:

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...