This weeks Kick Ass Trade and Market Outlook

Target hit! Great trade on $TJX. Still looking for some upside.

 

Markets teetering but holding slightly bearish bias on my side but no clear signals yet, adding some shorts

 

Covered BUD 5 min coiled up might pop locking in 2.00 bought to cover 100 @ 112.81 +2.02

market feels like a waterfall chart setting up

 

The 5 min coil and it moved as expected

 

Hard to predict every burp and hiccup in market but the waterfall trade slowly rolls over into a steeper sell off

 

3 Set ups happening right now $JNJ, $DRI, $DNKN Charts coming up now!!

$DNKN Scalp Setup



$JNJ Scalp Setup



$DRI Great Trade for rest of Week

 

seeing the $VXX relative to the market move holding up pretty good. this could be mean more upside soon on the VXX

 

Sold DRI 200 @ 44.91 +.91 still looks great on daily, 60 min getting overbought

 

$DRI Price target hit.

 

Market will get crushed tomorrow (index). Down 3.00 on ES but expect 12-15 handles lower.