NR7

Last Friday's OEX May 645 puts were realised with a 25% profit. Tuesday's numbers are 642,639,and 637. A 5 point spread coming from a 13 point spread. The sequence of events are turtlesoupsell, WR5 and NR7. Another break out is in the work, this time the bias is to the down side. Remember last Friday's call was of an aggressive nature with no confirmation. Now the sell signal is getting stronger. Today is like April 4. Although closed above pivot, but is very overbought. The upside is limited without a retrace. Could also go sideways for a few days.

2c