aramBull_Bearnando

aramBull_Bearnando Updated 

Short term plays for options traders. (<30.d OTM 130 CALL and <60.d OTM 140 CALL) APPL is currently sitting on a level of demand accumulation, if it breaks $125.14 there is a stronger level of demand right below it at $123.52-$121.115. I'll be waiting to see how the week ends, if it can hold the current level one can get into a 30 days OTM 130 call right below...

aramBull_Bearnando Updated 

UPDATE : ES did exactly as planned for the week. There is nothing telling me that a new ATH will not occur. A break of Resistance at 4211 will create Breakout traders to come into the market and buy the breakout. Beware B.O traders this might be a fake-out and trap you ! It may stall at the 127% extension at 4216 to some profit taking! I will be waiting for the...

aramBull_Bearnando Updated 

NASDAQ still has room to fall. Looking at the long term primary trend, a healthy correction is needed for the next leg up. Tech is taking a breather to grab more strength and continue its run to the upside. Primary trend is intact, look for increasing volume towards the 13000 weekly demand level when it gets there, increasing volume will show strength in the...