Phil1988

Phil1988

SQ had a very strong run since march lows and consolidatet during the last weeks in a bullish Flag pattern. Breakout approves Long Setup.

Phil1988

WTF????

Phil1988

The last few weeks gold has been moving sideways. At the top there is the massive downtrend line which has been solid for almost 5 years. At the bottom we have the uptrend line supporting the long run during 2016. These two lines are forming a triangle which is coming to an end soon. I'm pretty sure we will see a massive breakout soon. And from there we will see...

Phil1988

For me this looks like a Bear-Flag in the downtrend. The Volatility Stop at 103.50$ is like a WALL.. If we break through Support at 100$ the next suppport is at abbout 94$. A Bear-Call-Spread above 108$ could be a good Idea.

Phil1988

Im expecting AMZ to Bounce of from 580 and than heading toward 200 SMA. Maybe Bear-Call-Spread for next week?

Phil1988

It seem like after Earnings yesterday MSFT is going to open between 54$ and 55$. It's going to be a retest gap. So I would wait for a Retest next week an then sell a Bull-Put-Spread in the purple area with a time of 1 to 2 weeks.

Phil1988

Bull Put Spread under 700 for Friday 29th should be a No-Brainer. Maybe legging into Iron Condor with Bear Call Spread above 800€.