![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjklc_jrq503jedU42f-ZgTtkiImOYg_zT8BvqjpIxt876CuOr9cvoPbrtt1Wzs7gp6BPU8Bh-bn8oj9L58ugOV76Pl_d-uFv3pFxzVEOmbX3rP2IZZErsHhyphenhyphentPCi-My_XVwTKgqXYms4Uz/s320/ScreenShot081.png)
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Do a shot when we get to the 50 day MA!
Do a shot when we get to 62% retrace of Minor 1!
What do we have? Drunk bulls and the bears are saying "You don't have to go home but you can't stay here".
From earlier today (Count):
Few options still in play. I think they point to a slightly higher move coming (It doesn't really matter to me though. Like I was saying a couple of days ago, I am short and whatever volatility the end of OPEX was going to offer, I liked the risk/reward for staying short here).
Check. We did get the higher move. Check. Yep I am still short.
I am expecting a peak of some sort tomorrow. Followed by a strong move down on Monday. If that doesn't materialize then I will reconsider my position. But I still do not mind being short here based on the low volume and lackluster internals of this rally.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyG6BgiqrVpHUuKi9MaBvStD-Vs7YvwPJ7rGMN4WfAwhc_QtYmkpfGSshmODr-tyClIpxovbChE3qkxcl9o-5Pq1nycfZhvw5oF9yv-YdLt-xP_wp5v1TlwNFN8rFExX8ONFCHuoUSPnuK/s320/0binve-001-201.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPoVxGuSRI_4Zvvm0mzeKghyphenhyphenTT0AWct1irgQiDttnRb0BxkelE8zKCemTADh8jnFXpo_MPT5wfT8JH_JG75cf2GAzhS9eh17wRKl-j_Yc94rrALxzwMdW_PlV-3YDWSzuFqS5HVhpWOug6/s320/0binve-001-202.png)
Here is how this move might materialize on the E-Mini
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHBZj50wq8oXkiXbt8ktmvabqWuE0y3HmGiNoTfZ0Zh7liRVeOZareA-LieaC82YlFa_OiQd-Dh_QlwTVDGV2YU3hkK1ziF-BiTEDDMjl3ooSgSHQMf8IO2vy6oJHJrMvne1Gx9myc2SMp/s320/ScreenShot080.png)
Kissing the 50 day MA. I expect tomorrow we will move above it briefly, but I would be very surprised by a strong close above it.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsOvCLj4HTQyH-wHXg-7jLmozsDuaITzTiQAIsUH98FxIqdWpa6qn-SmXx-YY-8XjKrhR2Ju8zUx5OsUCHe8RgQKrpMxLGmtfyWikot2H73gigBXdQcGL287WtDQTYnE71yLIipYYe8lB3/s320/0binve-001-203.png)