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Recent price action regarding POT & MOS

Posted by zitron on 17th of Apr 2016 at 11:26 am

SPX looks like it is losing support but it won't until the overnight support fails. 2068.50 is support for SPX whether the chart shows it or not (imo)

And there are some people who would disagree with me here. But that's okay because we are all just making decisions with our savings and profits.

Obviously I am bored :)

Nice opportunity in USO today at support

Crude

Posted by zitron on 15th of Apr 2016 at 01:14 pm

At resistance now in the short term. Options doesn't affect commodities. So I technical analysis better served this trade in this environment.

If you look at CMG today, that was what I was looking for from DDD. But one candle doesn't confirm an overnight hold for me.

Crude has temporarily found support in this area

Crude

Posted by zitron on 15th of Apr 2016 at 11:16 am

TSLA on watch

Posted by zitron on 15th of Apr 2016 at 10:58 am

VIX up .29% and VXX down 1%

VXX Broken by Contango

Posted by zitron on 15th of Apr 2016 at 10:36 am

These are not accurate instruments. With the market near all time highs for the year, the futures are in contango...

VXX Broken by Contango

Posted by zitron on 15th of Apr 2016 at 10:15 am

VIX up 2.11% and VXX up .70%

Take Care

Crude

Posted by zitron on 15th of Apr 2016 at 08:42 am

$CL_F support = $40.17 - $40.07. If there is positive divergence & you get a trigger, then consider $USO. Also watching O&G plays. Careful!

Just FYI, I try not to pay ANY attention to news, just price. News has an agenda and wants to sell you emotional currency from whom I do not know or trust. LNKD could open higher and not care about the news, just like me. I spent years accepting the seeds of others' thoughts and it held me back. Now I just look at price to tell me what the real news is and then I find out what all the movement is about.

E.g., the dead lows in February came first but not without evidence of a bounce, then the OPEC news was made available to me minutes later...

Disclaimer: Mostly cash on most closes

$AAPL

$DDD (if gap holds)

$FEYE

$LNKD

$SHAK

$XBI 

Like $APC $OAS $SWN $WLL — Sketchy with obvious flags (potential facets) but $USO may bounce off lows and then you MIGHT BE ABLE to scalp off morning lows

200 SMA on the 15 at $21.37

Gold futures oversold...

Posted by zitron on 14th of Apr 2016 at 12:13 pm

Gold futures oversold...

Posted by zitron on 14th of Apr 2016 at 11:46 am

Looking and watching. GDX near its 9 day EMA... Dust near its gap

OFG could just melt higher today... I don't know...

Posted by zitron on 14th of Apr 2016 at 11:31 am

CMG

Posted by zitron on 14th of Apr 2016 at 10:34 am

IF it can clear 461, I see $10-15 without too much resistance. Gotta clear it though...

RLYP has that look...

Posted by zitron on 14th of Apr 2016 at 10:27 am

We'll see

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