Breadth remains the realm of the bull $study


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


I don't know how many more “bull on hold, but still a bull”  headlines I can type.. Move markets, move for goodness sake.  The breadth charts are still looking pretty good.  They are below with a few one-liner comments:

 

Zweig  continues to sloooowly strengthen:

The CVI is slowly drifting, but holding, but not climbing..

The 40 DPI had us worried at one time, it has greatly improved for the bulls:

Our NH/NL took a tick up yesterday.  This chart is also on bear watch:

The trenders are still on split decision, the 2nd trender might just go neutral on us today if there is no upside action:

 


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!