9/11/15 - BTU

/ES had a rough start, but was able to rally into the close and closed above its 10ma.  Needs to close above 1990.25 to null these shorter term vM's.  If can do that, expecting 2015 to 2030, and if can get through that possibly new highs.

The Russell rallied .90% in similar fashion.  It needs a close above 1170 to null shorter term vM's.

Nasdaq well above its 10ma and looks like wants to test its 200ma.  See if 50ma divergence on the 200ma can reverse.

Dow

Nikkei 

The dollar, along with its 10ma, has fallen below the 200ma.  50ma is flat but looks like could begin converging on the 200ma.  

Bonds need positive price action, as its ma's are trying to turn up.

Gold 10ma close to crossing below its 50ma.

Oil has positive ma construction.  Hourly and daily MACD support a move higher.  Unless OPEC or inventory news causes price to pull it down.  the 10ma looks set to push above the 50ma which will likely result in buying towards LVN and gap around 55-57 area.  Weekly time frame also has bullish MACD divergence and a W forming.  A falling dollar should also be good for oil.

Copper 10ma converging on 50ma.

XLF really needs positive price action to avoid a death cross.

IBB making higher highs.  Still very close to 200ma.

BTU has a vM triggered to $1.17 after gaining over 100% on news that George Soros had purchased the stock.  Just as the news of him buying caused the stock to jump, if he has some ulterior motive and makes some announcement, change, sells, etc...it could plummet back, and possibly go to zero.  It has larger time frame vW's to 3.44 and 4.98.

JAN 17 $3 Calls, currently offered at .55 are not much more than MAR 16, so the extra year is worth the premium.  If BTU hits $1.18, buy JAN 17 $3 Calls.  Will look to sell/scale out at 3.43 and 4.97, and possibly higher.  DO NOT open a position larger than you are willing to let go to $0!