Go short July/29/2012 ?

Here's a similar chart as from last week mainly showing RSI resistance, and some possible weakness in coming days again. RSI is again approaching over 60, and I think there are some chances we retrace yet again from here, like we did last time (check old post). I am starting to get SPX spreads, but will initiate more in coming days if we start to curve downwards from this range. If we slow down and create a high base at these levels for atleast 2 days, I may start initiating some bullish positions for the coming weeks.

SPX showing possible RSI resistance

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Go short July/19/2012 ?

Here's a chart showing some possible weakness in coming days. RSI is again approaching over 60, and I think there are good chances we retrace again from here. I am starting to sell SPX spreads, buy VIX spreads and will initiate more short positions if we see any weakness in the markets starting today.

SPX daily chart (mainly RSI)

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Boeing Co, BA trade for Jul/02/2011

The Boeing Company (BA)

Buy 1x (Aug $67.5 put)
Sell 1x (Aug $62.5 put)

Paid: $0.50
Google finance link

Looking to see how the stock behaves in the next few days before we decide to add more or close the position before the earnings.

*Please do your own research before buying any stock listed here. Disclaimer.
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