UGLY MONDAY OPEN BUT OUR MOP MODEL HAS A PLAN!!!

WITH LAST WEEK BEING AN ALL TIME HIGH WEEK AND MONDAY LOOKING TO OPEN UNDER FRIDAY'S LOW THERE ARE SOME IMPORTANT LEVELS FOR TODAY

IF MONDAY''S LOW IS MORE THAN -$1.00 MONDAY'S OPEN THEN LAST WEEKS HIGH 311.98 WILL NOT BE BROKEN THIS WEEK
IF MONDAY'S LOW IS LESS THAN -$1.00 FROM MONDAY'S OPEN THEN THE HIGH THIS WEEK WILL BE THURSDAY OR FRIDAY (UNLESS MONDAY CLOSE MORE THAN +$2.00 ABOVE MONDAY'S OPEN

TODAY WE WILL BUY CALLS IF MONDAY'S LOW IS < -$1.00 FROM MONDAY'S OPEN
IF MONDAY'S LOW IS > -$1.00 WE WILL LOOK TO BUY CALLS EITHER AT MONDAY'S CLOSE OR IF A GOOD LOW SETS UP WITH LESS THEN 3 HOURS BEFORE THE CLOSE.
IF MONDAY'S LOW TOUCHES THE 200 MA ON A 30 MIN CHART AND BOUNCES (305 AREA)

تم فتح الصفقة:

THAT WAS A STRONG BOUNCE OFF THE MONDAY MORNING LOW, AND OUR MODEL PREDICTS IT WILL FOLLOW THRU THIS WEEK.

THE LAST TWO "IF" STATEMENTS WAS REFERRING TO WHEN WE WOULD BUY CALLS, AND THE BUY AT THE 200 MA (30 MIN CHART) IS A PROFITABLE TRADE WITH PRE MKT TUESDAY >$310 LEVEL.

تم فتح الصفقة:

WE ARE STILL LONG, AND WE ADDED 310 CALLS INTO THE MORNING LOW 306.85. WE DID SELL 1/2 OUR CALLS INTO TODAY'S CLOSE, AND WILL BUY THEM BACK IF TODAY'S LOW HOLDS, OR TOMORROWS 1ST 30 MINUTE LOW IS NOT BROKEN.

OUR MODEL STILL EXPECTING LAST WEEK'S ALL TIME HIGH 311.98 TO BE BROKEN THIS WEEK BEFORE THURSDAYS CLOSE.