AMZN Fib target areas:

AMZN failed gap up and is going negative.

A tale of two tickers:

GE down about 4%

INTC up around 4%

Possible Evening Star Doji forming on AMZN today.  Placed a bet with ITM short-term PUTS.

Here's a chart showing the ratio between AMZN and SPY.  Notice that in the past AMZNs price corrects to the 200 ma when above it a certain percent.  Look how out of norm the ratio is currently above the 200 ma.  A warning sign for sure. 

Something to watch...large-scale negative divergence on AMZN daily chart.

Correction:  130% in 2 days...updated buy point below:  ok, now I'm really starting the weekend!

Anatomy of a 130% profitable 5-day trade:  Bought CALLS on the double bottom with stops just below for a low risk trade.  Sold at the red resistance line.  Easy money on a low risk trade...because I had a plan on when to get out.

Starting my weekend early folks.  Everyone enjoy the time off!

Like I said yesterday, the market wants to go higher and IMO, it wants to go very much higher.  Most likely in wave 3 of wave 5, going to new highs...again, imo.

What'd I tell ya, closed near the highs...

It wasn't a political statement, the market has to listen while the Pres. talks to look for clues, that's all.

Don't worry, Pres. Trump just has to stop talking and the market will resume its business.

The market is telling me that it wants to go higher.  It doesn't care about tariffs or whoever resigned...all setups I see are bullish, and measure quite higher from here.

SPX at the HOD as we go into the last, most volatile hour of trading!  Glad I've held my CALLS!

Another BULLISH setup for SPX:

SPY looks like some sort of BULL flag to me or something....I don't know...

SPY Right up at the 50 day...IF we break out here, very bullish!

C&H measures 80 SPX points!  Notice the neckline coincides with the green 200 ma.  We will have to wait and see, but I would not be surprised.

All too easy...stop was set at 269.  It's looking like SPY wants to close positive here in the last hour.

Thanks Matt, will do.