On this chart (previously posted count ), we are on the W5 down with a target at 1015 - 1017. First potential support at 1076.66.

Although RUT was supposed to be the best performing index today, my charts seem to indicate that it is tired. I am waiting for clarity.

YES 3X! All of those + ARQL & CRIS. According to some rumors, both will present some new surprising data at ASCO which starts tomorrow afternoon in Chicago. Most of the important communications will be on Saturday.

VIX theoretical support levels: 28 and 25. However, they might not go there and reverse sooner than expected…

AONE gave a BUY signal yesterday. Ready to go in. I see Jul 10 calls available at 0.50 (low of the day). Hm...

Yes "the party". Here is my short term trading chart for AAPL. BUY given by DP Osc. + Vol. (sometimes); confirmation given by TRIX. Also, an unexpected visitor = a bullish Gartley.

Thanx 3x. I'll keep it in mind.

NKTR is a previous loser who seems to be getting a new life, considering the trend in the rest of the market. It is also an ASCO favorite.

Yes, BUDDIEE: YOU HAVE THAT GIFT WITH WORDS. But what I meant was a little bit more: many observers were thinking that THEY lost at least partially control of all moves. I was proposing that they didn’t.

Langy: They might do it by gapping up!

What I found most impressive today was the tight control that the market engineers were able to exert upon various sectors, TRIN, TICK and other indicators. Volume was inexistent but it didn’t matter! This vigorous control after a day when it looked like everything except AAPL was going on sale, tells me that Da Boyz are still playing as they please: that they let it drop and that they can lift it back up whenever they want…perhaps now…

Chart 1: surprisingly, the FAN support line was not yet violated on close.

Chart 2 (3 Line Break, daily): another virtual support level seems to hold. The present bar is “in progress”. It might switch color and become the first green one since April 26.

I will definitely wait. The best scenario is that they create a shot-lived RAMPO, VIX drops to 25 (which on my chart is octave support) and then bounces …THEN WE BUY CALLS!

July VIX calls should be OK. In August the manipulation preceding the elections should start, demonstrating the “efficiency” of the administration.

The levels of VIX. It has a moving resistance line, on the fan. I shall not trade it as long as it stays under that line and the 45 degrees Sq. of 9 level (31). A break in either direction could be followed.

Yes… The exuberance of some commentators (after we managed to shake off the worries of Asia and Europe in 30 minutes) is not shared by most indicators. LOL!

It is good to be nimble today.

SPY dropped from the wedge, as expected (chart 1). But this drop is not an impulsive move, so far.

SPX (chart 2) probably finished W4 up (grey). If true, W5 down could have a calculated target at 1012.

From Golden Slacks - a golden rabbit…Makes sense. Shoot it!

VRTX has an excellent pipeline but it is very dependent on the general market sentiment for biotechs. I am waiting for a BUY signal for an extended swing.

Congrats TP! I took profits a little bit too early this morning...

Hey Buddiee! The Canadian SU is going up nicely. Many fundamentalists claim that it is the natural play against hurricanes and spills in the Gulf. It should go higher.

CBAK going up nicely!

Buddiee: how about a Canadian energy stock: SU (Suncor)? They extract oil from sands…That sounds OK!

Erratum: “…we have SPX (15 min) analyzed in 2 alternate…”

Yes, that is a slow MAW (230)

This time we have SPX (15 min) analized in 2 alternate variants of our questionable "reality": with or without the “fat finger Low”.

On chart 1: if we are in wave 4 (gray) and if we consider the close on Thursday as a legitimate move, then we have 2 potential target areas: 1112 and 1125.

On chart 2: 1107- 1109 could be a first resistance followed by a 100% retracement of wave 2 (a probable target, according to Elliott) at 1126.

Thus 1125 -- 1126 is a hot zone.

Thanks, Dalcindo! Yes, an interesting level for SSO on your original chart...

I like the AAPL chart. Very technical! A further step to 265 is very probable. The only problem is that I might not want to hold calls over a long weekend. I will watch the volume at opening to see how serious Da Boyz are… .

VIX might revisit the 25 area (base of the present octave) which should be a decent support. At that point, if the conditions are ripe, I will buy VIX calls.

SPX (15 min) If we are in wave 4 (gray) and if we consider the close on Thursday as a legitimate move, then we have 2 potential target areas: 1112 and 1125.

GILD might be ready for a substantial bounce. Today: C/P vol. = 2.

Copper(JJC)confirmed a new SPX up trend...

You have nice charts, Dalcindo. Do you look at SSO/ SDS?

Congrats 3X! I am looking at some SDS Jun 35 calls...

Bought and sold SSO Jun 36 calls twice...Last batch sold this morning @ 2.10, where I luckily caught the HOD. Almost got a heart attack in the meantime…

The horrible fate of Gilead (GILD) might change soon. Waiting for some spark…

CCC options are not very liquid, but I think that the stock has some more to go up…

I am bullish on CCC (Calgon Carbon):

Lang: It's the day of "C"-s...CCC (Calgon Carbon) is significantly up.

SSO Jun 36 calls @ 1.83

For a swing trade: copper is ready to validate an SPX BUY signal, as SPX breaks out from the regression channel. But JJC has to jump decisively above its channel midline…Chart discussed yesterday: