Tuesday, January 27, 2015

Reverse back up? UPDATE

 Unless this chart is something!
We are on a sell and trend change unless we can close above ( not sure yet)  I did buy a Oex put  midday $5 and sold for $10 on close. Why because I think this chart is bullish. We will see!

UPDATE Not looking good here at 2:30 PM Wed. Trend change to down and sell signal based on Spx 2030 line in sand.

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No chart, just facts as seen by my eyes.
Trend is still up.
No blow out day, but still I think we reverse back up.
Support at 2019 again held.
Did buy an OEX 890 call at $9.90 hoping for $17
EDT  close?  Maybe.  :)
Apple and Fed could push us up.
Jerry

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