Options Oracle: 06/04/13

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The charts are showing strong evidence of selling activity. If you look at the 10 year (monthly) candle chart above you will see that I’ve pointed out the main signals that have brought me to our long put position. The steep angle of the most recent up leg is being threatened and once the price action breaks below the red trendline I believe the selling activity will accelerate.


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AJ Monte

About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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