September 25th - Market Review Update

I am out , sold the Puts QQQQ 43 with a 68% gain . I still belive we can go lower but with such a gain i had t take it.
Have a good weekend

September 25th - Stock Market Review

The options are already 40% up , yesterday i miss the opportunity to buy more at the opening .

I still think we should get a serios pullback but after so strog rally the market won't give it back so easily. i still belive thet we should get a pullback to at least 41.5 and then 41 . In all of the indexs there is a negative divergence that can indicate that we probebly can get a more serios pullbak. only a break of 41 will leade to a bigger pullback.

if we get a small rally to 42.2-42.4 it will a good level to buy more puts.

In the SPY only a break of 103 can leade to a bigger pullbak.

The gold was down yesterday , it is still in uptrend but i will wacth it very closely my stop is at 91 and my target is at 130. If the GLD is going to consolitade at this level i will consider buying more.