Nashwan

Nashwan

7.97 is the last standing support befor BBD goes deeply down as : 1- Previous top broken resistance 2- 200 MA 3- Unusual Put volume seen @ 20 Jan 11$ Strike with 62 PUT/CALL Ratio

Nashwan

We need to see 7.97 broken with daily close to confirm the bearish direction supported with 2.7K unusual Put volume seen @ Strike 11$

Nashwan

Clear Harmonic Pattern seen toward 816 and then bearish direction to 740 again

Nashwan

Retest 13.37 support with 20,50 MA indicate Bulish Direction , the best thing is that position is very limlited to 13.37 to hold on daily bar SL shouldnt be less than 12.89 with 15 Target

Nashwan

Postive direction with Harmonic pattern targeted 4.5 that was indecated with high volume in Friday with more than 5000000 for the first time since 27 May ....seems like bulls will take a place , 20 Ma should be hold as support

Nashwan

Seems Gold should containue the patern CD toward 161 % BC + XA 88% Fibo and reach 116 and reverse from there then ........all we need is a weekly close above 200SMA to confirm

Nashwan

GPS with Breaking 200 SMA woth triangle formation it looks like we would see 29-28 soon including of that more than 30500 Put contracts seen now on 18 Sep indicating to see haeavy seeling

Nashwan

With great financial factores seems like 4.20 would be seen

Nashwan

With harmonic pattern seen 3.60 would a great place to buy with historical support low with 1.61 D wave indicating a reverse from this level , with PE 2.79 and book value @ 7.22 ......divedence is 29% .......it's also expected to see higher oil prices with Middle East conflicts in Yemen ,Iraq , Lybia

Nashwan

on Weekly contract 14.5K Call contracts for 24 Apr indicate Bulish Direction , we should have seen 41.88 if break we will see 42.30 , we would recommend buying weekly 24 Apr Ko strike 41 @ 0.30

Nashwan

XOM is ready to break 86.25 soon with 50K Option Call volume seen @ 15 May Call strike 90 @ 0.40 its expected to see 90 soon

Nashwan

Waiting for 130 as AAPL will go there and reverse

Nashwan

with Breaking 81.67 we have cup and Handle formation indecating the direction towutard 86 , but the support shold hold with daily candle above

Nashwan

More Than 100000 Call Volume in Apr 17 strike 9 indicate that huge stratgies decided to retest 8.10 forward 9 soon

Nashwan

Bullish trades abound in Cypress Semiconductor options today, most notably a massive bull call spread initiated in the July expiry contracts. One strategist appears to have purchased 30,000 of the Jul 16.0 strike calls at a premium of $0.89 each and sold the same number of Jul 19.0 strike calls at a premium of $0.22 apiece. Net premium paid to put on the spread...

Nashwan

japan announced stimuls last weeks and that caused Bulish direction , but now we have a reverse toward 11.50 to cover the Gap .we still have a high volume with huge increasing seen at EWJ Options contracts . we have 150% Strong Call volume to Call open interest ratios indicating that we will have a bulish direction seen toward Dec .we could recommed Buying 4 Dec...

Nashwan

VIX indicate that we will see 2008 bottom again , and this direction would be clear in 2015 according to Shark Harmonic Pattern especially that VIX broke the most aggressive resistance 22 easily yesterday

Nashwan

with breaking the Monthly uptrend , it seems we are moving through 0-5 pattern and DJIA will target 161-224% minimum , next target 15119