Should we be so fortunate as to have price bid up again Wednesday on declining volume, we’re looking at a premium short setup. Idea is entry above $130 with a stop in excess of $132. Watch for fear to come back into this market and -DMI possibly achieving a reading of forty sometime in July, as we wrangle about the debt ceiling. Think $125 as a target is not unreasonable. Already leaning short and would welcome this opportunity, likely in the form of SPXU and TVIX. Remember we have a three day weekend upcoming & good luck.
Archives
-
Recent Posts
@chartseer
- RT @Vince8675 AEPI screencast.com/t/Jyr9FK4gDlf-5 days ago
- @stt2318 long time coming ;)-2 weeks ago
- Vacationing next 30days. Limited tweets.-2 weeks ago
- $NVIV.ob upside earnings reaction j.mp/J92I09-2 weeks ago
- $XRX stks.co/3pZj 30min-2 weeks ago
—————————- Wall Street rises on Greek bets, Facebook falls 10 percent
- Apple CEO wants to make more products in U.S.
- Facebook shares plumb new depths, valuation questioned
- United Airlines pilots file race bias suit
- Chesapeake to meet with major lenders this week: sources
- Wells Fargo spending $432 million to end lending suit
- Bank of America whistleblower receives $14.5 million in mortgage case
















