jamespwu

jamespwu

GDX broke neckline, not the best head and shoulders but it could be

jamespwu

AAPL, weekly chart show that it has broken channel support around 109 - 110 area. First area if support could be be around 102.5.

jamespwu

GDX just moved below the 200 day today. The next stop could be the bottom of the channel if this area does not hold.

jamespwu

just want to show the inverse head and shoulders pattern is complete on GS. I am short a little with options due to very extended daily RSI.

jamespwu

Bidu is coming into wedge support around here. Lets see how it does from here.

jamespwu

VIX is getting extended, looking for a counter trend move within the coming days. Will use out of money puts as my instrument of choice.

jamespwu

AAPL, is coming into channel support area after earnings. This is an important area for a bounce of failure. There is the big gap around 105 so watch out for that as well.

jamespwu

TSLA failed breakout on earnings not back to bottom of the wedge. Important support coming up

jamespwu

After the wedge breakdown, the SPY has been in a flag pattern since the 2nd week of Oct and it broke on Friday. If it does not recover soon, a measured move should bring it down to about the 210 area. There is a gap cover slightly below 210. That maybe the most likely target area in the short term.

jamespwu

Yesterday, FSLR broke the 40 barrier after days of consolidation. I am long 40.5 calls next week. Looking for a few more points to complete the inverse head and shoulders pattern.

jamespwu

EWZ is getting a bit extended and will hit resistance around 37.4ish area. We may see a short term pull bag.

jamespwu

XHB failed the 200 sma today. It also broke the consolidation area. The measured move is a continuation pattern that could bring it to about the 32 area. Long 33 puts

jamespwu

IBB rested the 289 area, and failed. First support is 200 mva

jamespwu

Appl went to the top of the channel, if it closes weak. We could get at least one gapfill.

jamespwu

The Miners, first broke around 30 when it failed the rising channel. Now it has reached some kind of support around the 200 SMVA, the gapfill and also oversold conditions based on the daily RSI. It will be worth watching. Looking to go long vs. the recent low and above the 200 MVA.

jamespwu

GLD, flag pattern break, potential more downside. RSI oversold on the daily. The measured move is the height of the flag, around 5 points or so. Bringing GLD below 120, but I will be out around 200 MVA

jamespwu

After it got to 116, AAPL is forming a new flag pattern.

jamespwu

IBB is sitting at important support area around 286. Will it hold?