MLK Day

Strange to think that it was one year ago when futures tanked and the Dow opened down -600 points and people were scared.

I'm more interested in the S&P lately. For a while it was all about the inverse head and shoulders, but that failed and seems like it could be turning into a H&S with the neckline around 810. I don't see any reason to go higher. It could break below 810 and test the lows. It might also just might chop around for a long time. MACD doesn't looks good. Maybe one more up day and I would want to get short SPY for two or three weeks.
Here are a few charts. Pretty good triangle.
Looks like this is heading lower. Some nice toppy chop getting stopped at the declining 200MA. Below 35.75 is nice.
The confluences of MAs is interesting. I don't see a good trade though.
In AZO there might be support where the 50, 100, 200MA are all together. But AZO seems to trade through those easily. I love this as a short even more than before and will be putting it on come Tuesday.

SRCL had two huge up days, but I'm still fine with my position. The long-term picture is still intact. DRI has been up a bit but I'm still short.

I wish I was short ADM still. Maybe short the stock instead of long a Feb put.

One of the problems I have to spreading money out over too many trades. The positions I'm putting on right now are too small.