1M: 
1W:
The break above light blue trend line was very bullish, even with moderate volume. The bears could not take control to break even relatively week support areas. Are the bulls gaining momentum? This recent price action could be a signal that the May 2015 high could be tested and surpassed. I still expect further volatility in 2016, but a push higher could establish a new trading range. It could also indicate my hypothesis for 2016 has been incorrect and the bulls will remain in control.
I sold a credit/bear call spread earlier this week. Normally i would take advantage of the rise and sell more without hesitation. My breakeven is currently $210.20. I still will probably sell more &/or raise my breakeven closer $212, but I am carefully weighing my options, the R/R, the timing, and ensuring I have will still have future flexibility.
1W:
The break above light blue trend line was very bullish, even with moderate volume. The bears could not take control to break even relatively week support areas. Are the bulls gaining momentum? This recent price action could be a signal that the May 2015 high could be tested and surpassed. I still expect further volatility in 2016, but a push higher could establish a new trading range. It could also indicate my hypothesis for 2016 has been incorrect and the bulls will remain in control.
I sold a credit/bear call spread earlier this week. Normally i would take advantage of the rise and sell more without hesitation. My breakeven is currently $210.20. I still will probably sell more &/or raise my breakeven closer $212, but I am carefully weighing my options, the R/R, the timing, and ensuring I have will still have future flexibility.
Anmerkung
Volume light, but price action is looking very bullish. I would be surprised if we didn't test $211 & $212.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.