Interesting setup here, at an inflection point for JNUG. My first thought is long out of this flag to test downtrend line again, with macd flipped I am not totally convinced. I may look to pick up some calls if this can break with strength. EMA crossovers are setting up bullishly on the monthly timeframe.
In my opinion everyone went short at close on the shooting star candlestick. I think spy has one more push to 277 then becomes a good short opportunity.
Bidu recently broke downtrend and is now consolidating making a higher low. If it can stay in this range we are due for a bullish ema crossover which can accelerate us to 180+
spy is backtesting previous breakout. if it can hold here, 10 ema and 100 ema are interested in forming a bullish crossover which could accelerate spy to 273-275.
MA is a great example of a strong stock. trending nice in this pattern, we are in a short term call position and will start unloading at 220 and then at previous high.
