Replies to post #56301 on Options Wonderland

[langlui]

golden, i also have BIDU June $70 calls.

[langlui]

Some Charts:

NIV: Daily Candlestick


NIV: 5 minute tunnel


NYA50R: we are so getting there for the bounce




NYA: very oversold


INDU: Daily Candlestick


SPY: Daily Candlestick - old chart

[Fox13]

3X: I agree with your next target at 1065. Maybe even 1062.5..but it has to drop through 1071, as discussed in the morning. It closed at 1071.59 and in the AH market SPY was at an SPX equivalent of 1062 -1065. It started to go up after the vote in the senate. Right now, HSI is stuck at a mild -33 points while the Boys are having lunch and more important discussions at Lucky Luke about the horse races on Saturday….

A bounce in the morning is not impossible.