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SPX Trendline Support and Resistance
30 Nov
Posted by Sensei @ 11:03 pm | categorized under: Nasdaq, S&P, Technical Analysis
SPX is right around some major inflection point, but both the RUT, and the COMPX have considerable upside room which makes me think we are going to see the SPX break this trendline to the upside.
After the break I think it will selloff to test the line causing a break even for the week in [...]
What Worked Today 6272007
27 Jun
Posted by Sensei @ 7:51 pm | categorized under: Options, What Worked Today
Being long. Yahoo! Finally got the action to the upside I’ve been expecting. I think it may have sparked a short term move that will continue tomorrow with the Fed announcement.
QQQQ calls - Soared today and now I’m up 15% on the position. Vedi nice. I held on for more potential movement tomorrow.
QLD - All [...]
Getting Frustrating, Thats What The Bulls Like To See
26 Mar
Posted by Sensei @ 3:13 pm | categorized under: Market Comments
I’m getting frustrated in my shorts and I know the bulls like to see that. I’m still surprised that everything going on with Iran has not scared the market. It looks like whoever is in control right now wants to prop this up till they kick the legs out from below it.
I’m still holding short. [...]
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