Had to repost this since the chart image was terrible. Drinking on Thanksgiving - RIP
I think amazon is going to go retest at least the 61.8% retracement from the last drop. On a break of the inside day >3622 - we could see this thing fly to 3670. Yes that is a really big move - but I think it will happen IF we can break out of inside day.
Pair this with bullish algo on tradytics looking for 3700 - plus I think we rally at least 1 more wave up before flush on indexes, and I think it could happen in 1 session. If amazon opens strong and it can take 3622 - it will test 3640 at a minimum!! Hence lotto of 3650c if we can break 3622.
If amazon breaks inside bar to the downside grab any put because it will go sub 3500