Monday, July 10, 2017

July 10 - Tech bouncing and back on metals bandwagon, long XME, FCX, X, GDX

Flipped back to my previous big position in metals with the early morning strength.  FCX looks like a strong breakout and steel looks ready to pop.

QQQ making a nice move and looking to sell at gap fill around 140.

 FCX making a big move today.  If it sticks this might turn into a runner.
 GDX at support
 X making a rounded bottom
 XME still below lots of congestion.  If it closes above 31 it could move to 35 quickly.

No comments:

Mar 17 - Long $QQQ

Got into decent size position of $QQQ 175 calls @ .22 expiring Fri and smaller $amzn and $nflx.  Still in $shak and sold off $rig for only 5...