Sunday, May 6, 2018

May 6 - Bullish inflection point

I wouldn't be surprised to see some pullback here and some churn but I see the current zone holding and am very bullish intermediate term.  some incredibly bullish setups here.  I took Friday's SPY calls on Thurs at close for a 200% and then rolled into a lot of DIA Jun 246 calls @ 1.0 looking for a triple.  Also re-entered VXX short

XLF looks great

so do semiconductors via SOXX etf

Very nice bullish divergence in DIA
 DIA set to break up and out

No comments:

Jan 20 - Equities caution signal, short SPY, NFLX

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