Editors Note:

The markets posted big declines but remain over material support. The S&P dropped back to the 100-day average but used it as support after being prior resistance. The Dow closed on 24,700, which was resistance in April. This was just one day. Until we have several in a row, the trend has not changed.

 

New positions are only added on Wednesday and Saturday except in special circumstances.


NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays