Options Wonderland

[dalcindo]

Hi, 3x!

I've been working on my wife's website: www.360Durango.com - Been taking my life away ... So, I had to step away from laptop and shop some loving and technical (virtual, immersive photography).

What day is it? Have I actually been hibernating all these months? Gee ...

Yes, $SML is printing several tops with 396.7 as support - RSI is rolling over below 70, suggesting steam loss. Looking at 445 as structural resistance overhead.

UUP is breaking through support. This means a lesser valuation for the currency ... but cheaper US goods for international consumers. So, I'd expect this asymmetry with the stock market to manifest itself over the next quarter - Nothing immediate for now.

K, back to the cave for now.

David