Check both long & short term charts on YINN & YANG, the Chinese 3X leveraged indexes to gauge Chinese markets & their influence on our markets.

 

The daily divergence to the upside on Boeing is clearly visible on April 10th. A divergence that suggests a 2 weeks plus move. The move stalled 4/17/2019 with 1000% gains on OTM call options. A lower time frame reentry on 4/25/2019 on 30 min charts also yielded good gains on OTM call options.

Once again, for Short term day traders, SPY had a 2 min up divergence just after 3pm EDT today that produced about 4X(300%) in just a few minutes time!

Make that 4X on SPY 290 calls since 10:45 today! 5 X on VXXB puts! These are the easiest ones to locate since they are the primary sources of market action! Why buy MU options if the major market indexes have the same patterns & unlimited options capacity??

Wait for the setup MACD divergence and double top or bottom and then place the trade. A few hundred percent gain isn't too shabby in a few hours. Patience is the key. SPY weekly options rule.

For short term traders and short term charts,  VXXB upside divergence on March 26/27 15 minute charts clearly shows us that the SPY would do the opposite and send markets down until the technical picture starts to stall and that’s the end of the move. Then you can spend the rest of the day counting the money you made.  

SPY 278 puts at 10.30am went from 2 cents to 81 cents in a few hours.

SPY 281.5 & 281 puts were up about 500% from 11am to 11:35am Eastern time today just based on short term charts on an expiration day!

Find out how to do this at the 2-day Orlando, FL seminar April 4 & 5, 2019 https://www.theoptionshunter.com/live-seminar

Its great having the MACD divergence in place but paying attention to the MACD turning up is the final piece of the pattern. If it hasn't happened then it's not ready. Patience is key to success.

The Options Hunter nightly update on Monday February 4, 2019 explores some intraday SPY divergences that yielded hundreds of percent gains in a relatively low volatility day.