Daily Market Analysis Blueprint 02/18/14

GM everyone similar to yesterday WATCH THE VIDEO AGAIN, AND AGAIN the key is, do we double top ? 1854 area ? 1842.75 will tell you that as a support or resistance ES.

**NOW watch AAPL 546 Resistance, we need to some retracement for re entry GOOG , ES.

CRUDE AND SPY should be correlated whether the market will double top or NOT and crack here so keep an eye on all of them.

AS WE GO UP TO PREVIOUS HIGHS THE BEST IS TO NOT JUMP INTO DIRECTIONALS YET. UNTILL THE SHIFT OF MOMENTUM IS CLEAR, IT IS TIME TO ACCUMULATE AND BAIT AND PREPARE AND DO SMALL OTM CREDIT SPREADS AND SEE WHAT HAPPENS EG SPY 187-189 area for SPY if a small size eg if 1 contract on OTM stuff does not react well, it is an indication that directionals are not yet ready so combine this strategy, the small bet bait to feel the shift of momentum. I always do that to feel the directional first.

ALSO IF YOU GO DIRECTIONALS Think of having time on your side on small size one week to 3 weeks of time vs the weeklies because if the market goes sideways again the weeklies will decay and kill you quickly….after Tuesday 3pm est.

**DO NOT FORGET TODAY CHART BLAST 4:15pm est will GO OVER A LOT OF IMPORTANT AND BASIC STUFF TO SO MOVE and be there ….

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2-18-2014 7-46-46 AM

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