Hi everyone 

Wow we have had some incredible moves in the stock market and forex markets this past few weeks.  It's been so much fun, as an options trader this is when you can really get some bang for your buck!

Now on the the outlook for this coming week, on Friday about 3:30 I called for everyone to go long in the chat room. I saw that signs that showed me we were going to go higher. There are several false prints that take us higher if they play out.  It co-insides with my target of 1130 area on SPX and there are several that show up nicely!

We ended Friday with a bullish engulfing candle, and a bottoming tail. Now on the video you will see what I believe plays out this coming week. I am definitely leaning bullish, but could be we try and fail and restest again the lows forming a base, so please keep yourself hedged. 

I am looking for a retracement to SPX 1130-1140 before rolling over to make new lows. that is the pivot point where I will go short should the inverse H&S play out. :)  

So enjoy the videos and it's really nice to be home here at Hotoptionbabe.com I sure have missed it and look forward to all of you soon. Many hugs Anna

Well all I can say is this has been one crazy week! I am so glad it’s Friday I can’t even tell you…..:-) I am going to make this short and sweet, as I expect we bounce either today or Monday, most likely today I have serious support @ SPX 1050. They are trying to tank the $ to keep up the stock market (GOV) and buy the EUR. So far it has not be working for the last 3 days. There has been serious divergence from the EUR/USD and the SPX.

I expect a test of 1050 and then we might bounce from there so if you’re short look to book some profits. I have a mix of both longs and shorts to play both sides (hedged)

Gold is just getting killed again and the cup and handle is the only reason I am still somewhat long, but covered some of it yesterday!  Good luck trading today and I do think the bounce is only that and can be sold. The problems with the oil spill has me greatly concerned, along with the problems in Greece!

Good weekend and OXOXOXO ANNA