Tuesday Update: New Longs


New Buy Signals (All options are "Monthlies" = 3rd Friday of Month) 

A: May $80 Call

IWM: Jun $155 Call

MU: Jun $40 Call

Z: May $40 Call




Last week's dip in the YTD uptrend was all that was needed to start triggering trades in the direction of the new trend. There could more Buys coming should the market continue its rise in the weeks ahead. Meanwhile, bullish sentiment remains stretched way above all danger levels, but sentiment is not tradable, only trends.