Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.. ~ George Soros

 

SSEC  +.65%   NKY +1.59% DAX +1.38%  FTSE +2.05%

GOLD +.47%  CL_F +.88%   Brent  +.73%
STOXX 50 +2.27%
SPY +.7% ~ has recaptured bullish pivot of 203.5, pre market currently sitting on R 204.5 ,next stop on 205.6 -206.
  • support:  203.2 / 202.4 /  201.8 ~ break of 203 can test 202
  • resistance: 204.5 / 205. 6/ 206
Global Index pivots:
  • NKY has recpatured neutral pivot 15k mark
  • DAX  has recaptured neutral pivot 9.5k
  • STOXX 50 recaptured 2800 neutral pivot
  • SPY has recaptured 203.5 bullish pivot
  • Global market seems to have eased on Brexit hangover.  Global index bounced almost 1/2 of what they shed on Friday & Monday sell.
IBB  ~ most oversold sector.  241 upheld & bounced 10points. Needs to hold 248. Many names on the sector oversold.  
  • support: 248/ 246.6 / 244.3
  • resistance:  253.7 / 255 / 257
  • ALNY, CCXI, JUNO, ICPT stood setup.
  • PTLA, PCRX (least compelling set up)
  • CELG  every sub 100, last year & this year always btd apply pattience it always bounce to 100+ max bounced on 105 R. 102 median target for exit.
Daily Option Watchlist:   –>  SPY, AAPL, FB, TSLA,AMZN, PCLN, GOOGL
  • FSLR another oversold, lower channel trades.
  • PANW NOW WDAY has not seen any bounce yet.
  • BABA , BIDU & CTRP for bounce candidtae for Chinese Adr’s