FloodCityTrades 8/19/13 $SPY $GOOG $BIDU $AMRN $ANR $MNKD

See charts below for details.

SPY

GOOG

BIDU

AMRN

ANR

MNKD

$MNKD – Volume has been confirming this bearish reversal in MNKD. If 5.71 level (61.8% Fib) is broken, we will be entering a SHORT position for a ride into the 4’s. However, keep in mind that the 61.8% Fib level may also provide a short term bounce.

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