KEEP TRYING SHORT AND GETTING CLIPPED OUT- DUE FOR A PULLBACK BUT WAITING ON SOME CONFIRMATION SUPPLY ABOVE
SHORTS WILL PAY AT SOME POINT. ON WATCH
HIGH SHORT FLOAT 47% IDEALLY GAP OPEN, PULLBACK TO FIRST ORANGE AREA, THEN ROCKETSHIP UP
ON WATCH FOR CONTINUATION AFTER SOME CONSOLIDATION
WOULD LIKE TO SEE A CONTINUATION, ON WATCH FOR NOW.
fairly obvious wedge here- break out or break back in to bottom? Eyeing long over 272.75
like apple long to 161.40 level and possibly beyond to confluence of fib levels and previous supply marked in orange.
LEVELS ARE ON THE CHART- MOST LIKELY JUST WATCHING THIS ONE REST OF WEEK- POSSIBLY TAKE CALLS ON A BREAK UP/RETEST OF INSIDE DAY HIGH INTO NEXT RESISTANCE LEVEL
VIX ON SUPPORT- EYEING IT HERE FOR CLUES ON MARKET DIRECTION- BOUNCE OR FALL BACK INTO THE OLD RANGE?
LOOKING FOR PUTS ON AMAZON AGAINST 50% RETRACE AND 1542.50 AREA TARGET 1500 THEN 1485AREA STRENGTH OVER THE 1542.50 TO 1543 AREA WILL EYE A LONG TO 1600 AREA BUT REALLY FAVORING THE SHORT TRADE HERE