Tuesday, May 14, 2013

GOOG, XLF and AAPL Update

All 3 of these were recent trade ideas from yesterday and today, here's the GOOG idea yesterday looking for a breakout move to open puts in to momentum, here's yesterday's XLF advising to wait for XLF to make an upside move before opening Puts, but not as worrying with less leveraged positions...And the updated AAPL trade-what we are looking for from here....

It looks like GOOG and XLF are going as planned/hoped and it looks like we may even get a shot at AAPL.

 GOOG looks to be confirming the head fake move we were looking for yesterday, the puts are in the green already.

XLF 1 min is confirming... The puts here are also green already

The 2 min XLF chart is more damning as a head fake confirmation signal.

Even FAZ is confirming what appears to be the head fake expected yesterday-

Remember all of this came from the HYG set up expected...

AAPL has found support at the area I mentioned earlier with a small positive building so AAPL may offer the next opportunity.

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