AMZN closed yesterday at 121.18, opened this morning @ 119.99 and is currently trading at 120 and change. The updated chart below reflects this price movement in a bearish light, so let's go ahead and officially confirm the Sell Signal now. AMZN: Short to Intermediate Term Sell Signal Option: Jul 15th $120P (5.55-5.60) Optional Stop: -50% or any AMZN rally above $124 Odds: Risking 50% to make 300%. SPX - Short-Term Trend
