That Fabulous Fib
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FEEDI haven’t messed around with Fibonacci retracements in weeks, and it
occurred to me that, with all the market action over the past month, it was
high t...
2022-08-02
Bearish Looking Charts With Liquid Options
Assorted charts follow.
At this moment, I don't think Apple will clear the green line.
AMD options are expensive, but it looks like a right-shoulder is forming on the H&S. I like shorting here rather than waiting for it to complete first.
Amazon reminds me of Apple, but with cleaner overhead resistance.
Emerging markets look ready to free fall.
China looks like EEM, makes sense given the weight of China in the fund and its dominance of the EM economies.
Microsoft. A 25 percent drop to the target.SPDR Financials.
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