Editors Note:

The intraday market fade, low volume and overbought conditions require caution. The Russell 2000 small caps have been up for 13 consecutive days. Nothing goes up forever. Even though this week is typically bullish, we know there will be significant profit taking in the very near future. The volume is going to decline sharply over the next two days and that means an increased potential for volatility. I am recommending we hold off on adding new positions for the rest of the week.


NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays