Short Boeing (BA) week of 3/11. Sad news out of Ethiopia. China suspends all flights of 737 Max aircraft.
Nice shaped wedge in PYPL. Look for a break higher or lower. My view is we break this higher.
DJI right at Fib level. Has been respecting major Fib levels for most of 2018. We could break higher or lower here off of this level. My call is that we break higher here off of this level in the coming weeks leading into earnings season. Of course -- increased trade war talk could also send us lower.
Short DNKN. Chart looks toppy -- needs to come down a little bit.
Short BC for 1-3 weeks. Exhausted run - indicators are stretched and could turn over
Short WWW for 1-3 weeks. Needs to come down. Indicators are exhausted and showing signs of rolling over.
Short PAYX for 1-3 weeks. At resistance level and overbought. Void trade if breaks out above resistance
Looking for NKE to come down a little bit over the next 1-5 days.
Entered a short into SPY for next week. At resistance level / trade war talk could be heating up. Don't think we're ready for a solid break higher yet
Short NFLX for a few days - weeks. Trace back to moving average. Looking for bearish action / profit taking.