Dicken80239758

Dicken80239758

When the Equity does not move along with the other three indexes, which are at extreme levels, I am not sure if risk on is a wise idea.

Dicken80239758

2016 level of HYG is likely and i don't see it getting better than the last one at macro level so far.

Dicken80239758

HYG over IEI ratio shows the Fed needs to act immediately.

Dicken80239758

two years' consolidation and broke up was invalidated by the selloff in two weeks. give the current macro environment, BAC may not be ready for another breakout any time soon.

Dicken80239758

longs need to be patience

Dicken80239758

Costco must hold these levels. Else further correction into the weekly 50ma is likely.

Dicken80239758

$baba must hold above the previous high. else further consolidation is necessary. Still holding the bull trend.

Dicken80239758

assuming bonds are around the top at the moment. spy will expect to have more downside

Dicken80239758

5th time is a charm.

Dicken80239758

but how many times can this support hold?

Dicken80239758

AMD is due for a correction

Dicken80239758

expect to get to 160 if 146 holds.

Dicken80239758

probably building a h&s

Dicken80239758

if TLT can make a new high that's another leg up. targets attached

Dicken80239758

target 115 by next calender year. it is going to be very choppy.

Dicken80239758

so far FDX is forming a bear flag.

Dicken80239758

if you are bearish, you can do a calender spread, buy a put after ER date, and sell a put before ER date.

Dicken80239758

I am going to take profits here.