Options Hunter Blog
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May 8, the topping pattern on BBY has a strong MACD divergence to the downside. The indicator shows prices should be at level $71.70. The May BBY $72 puts expiring May 10 were around $0.75...
The daily upside MACD divergence with a double bottom is clearly in place by April 22, 2019. The reverse V-shaped pattern is clearly almost a full trading month in length. Generally we can expect the ...
The daily MACD 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 l...
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 inde...
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 pict...
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!
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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.
Note how WYNN had another 30 min up divergence late Monday to add fuel to an already divergent daily chart! That’s how you successfully trade a new entry to an existing pattern! Low time frames form “...
Some VXX downside divergence in latter part of Friday but not overly clear. GS had decent daily divergences to the upside still on going the XLF had a series of 60 minute divergences in play earlier i...
In many of our nightly updates we talk about the inverse relationship between the VXX, an ETF proxy for the Volatility Index and the market proxy SPY. A divergent MACD up or down in either frequently ...
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