Wednesday, July 20, 2016

July 20 - USO wedge

I would love for this turd to breakout but I would say odds are decent at best.  I say that even though I am long XOP calls for Sept.  Just as possible this wedge turns into a channel and keeps dribbling down.

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Jan 20 - Equities caution signal, short SPY, NFLX

Call buying has come back and very good chance of a pullback here