The market remains to be volatile and choppy. After three consecutive down days, the market came through with a dead cat bounce and setup some short squeeze to wipe out majority of the PUT options from recent down draft for weekly OpEx.
Until the market can reclaim some key levels it has given up recently, I will continue to hold the view that this market is currently being re-program from an up trend to a down trend. In this video, a review of the market and some potential swing long such as: FB, SODA & AOL.
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