AAPL - going up

AAPL

ABC correction just took place and Apple inc is entering into wave 3 of wave 5

Attention, get ready for descent

SPX

Currently SPX posed for downside move. I must to admit, the current count looks ugly and easily can be argued. But unless rules are broken this is it. Next downtrend will target $1492 zone.

Zynga still plays

Zynga is much like Netflix here. At least 3 three-four's ahead of us.

ZNGA

Netflix - extension paradise

Netflix gone wild. I counted 5 one-twos. Expect three-four 5 times soon, not less.

NFLX

Main strategy: Premium selling.

There will be only wave 4s and 5s from here - price will be range bound for some time.

Every time NFLX bounces up from support line (wave 4 range of the first complete impulse) you must be selling  put verticals.

Selling 4 times on weeklies is better than selling 1 monthly spread because Theta is bigger on weeklies and you can grab more premium faster.