Trades from Last night

MSPD is up pretty good, there's leading negative 3C divergences in place on the 1 min, the 5 min needs time to respond, but I suspect we'll see them. If I was new to this position I would consider entering 1/3 or 1/2 of my intended position, add on anymore strength or a break down.

GLD seems like there may be a move up yet to come, 3C is just starting to show some leading upside divergences, this is a trade I would probably enter more incrementally until we have a confirmed downside reversal.

Encouragingly, AAPL is in some very negative 1 min negative divergences. Again, I would prefer to phase into these positions, but here I may take on 1/2 of my intended position size.

GOOG  I doubt with the gap too many people got in on the quick long, who knows, there may be a pullback and afternoon ramp up job, but right now 3C is leading it lower. As for shorting it, incrementally would be my approach and in smaller size on this one initially.

PRWT is doing what we wanted, if you have been in this trade, you are in the double digits, 3C is not going to give great signals here because of the spotty trading, but I may take some off the table or set a tighter trailing stop for at least a portion of the trade.

JNPR is showing some 3C distribution, not as heavy as the others, probably because it has not convincingly cleared the resistance zone to suck in longs-watch for that and then I'd expect heavier distribution.

SNDK is pretty much the same as JNPR, although it's made a better head fake, I'd expect bulls to get excited if it moves into that gap.

HPQ is the first now to show a positive divergence, probably because it did nothing this a.m., but I think last night I said this one is weaker then the rest. In any case, it appears to be getting ready to move up

CSCO is in 3 1 min leading negative divergences and 1 5 minute. This may be as high as it goes today.

OVTI looks bad, I think it's setting up a situation now in which it will begin falling.

3C shows no reason for CAVM not to move higher. Technically even with the nearly 6% move, it hasn't broke any resistance/patterns that could be game changers from a bull's perspective. I'd expect higher prices to come short term.

Same thing as above for ISRG although it's done virtually nothing. 3C is not looking horrible, but not good either, it leaves room for it to move up if it wanted to which I'm not sure if it does with no real accumulation.

GBG has one small positive 1 min divergence suggesting maybe 1 more run intraday leg up, the longer charts are in leading negative divergences and look bad.

VGZ is inconclusive in the short term, but the GLD chart looked similar, long run they don't look good. If you are in any of the gold bounce longs, I would use some trailing stop and on an INTRADAY basis in this situation.

The divergences in the SPY are starting to look a lot worse relative to price.