iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Looking for Pin Action

the-big-lebowski-wallpaper-3

With RAX and many cloud names getting hit this morning, keep an eye on CRM as a short.

The chart for Salesforce was already vulnerable, as you can see on the updated daily, below. Amy further weakness should trigger a breakdown from the recent bear flag and broader loose and sloppy formation since late-last year.

On the long side, precious metals and miners intrigue me most here. More on this later.

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CRM

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3 comments

  1. Dale Tucker

    Chess. Your movie references are just too good. Thanks. Short Natty Gas Sept. 3.80 Puts. Selling ES futures above 1935.

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  2. Dale Tucker

    Maybe 1930?

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