Decided to play it safe and pull some really nice profits off the table. I had an array of Feb/ Mar calls on China stocks and made an average of 100% on them. My targets haven't been reached but seems so overbought on a short term frame I'm thinking at least 50% chance we pull back or chop here then back up. If we get a sharp dip, I will be an aggressive buyer.
SPY looks like it's gonna dip or chop w negative divergence. I don't have much interest here.
VIX at bottom of range
XBI made a great move. Let's see if things continue
BABA not at the target but the 2 hr frame looks really cooked
BIDU if it hits the zone, more buying by me