Weekly Update

SP-500 (Weekly) Neutral

• SP-500 still in strong Bull fork
• Break below 1400 would end current Bull fork
• MACD leveling out is Bearish
• Market is being fueled by the Fed 
• As long as the Fed is pumping in money markets should hold
• Have trailing stops in!

AAPL Finds Support...Few...

Apple (AAPL) Weekly

• AAPL still in a Bearish Fork
• Found support in bottom of the Bear Fork
• Break above 550 would be very Bullish
• Break above 650 would end the Bear Fork
• Would be VERY careful if long AAPL
• Have stops in!