Thursday, July 7, 2016

July 7 - Short term pullback possible SPY

Some negative divergence which might result in a few points pullback.  I have a small SPY short and still holding SLV short from yesterday which is confirming nicely.  GLD isn't following suit so it might need to bounce around before falling.




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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