- Last Bull Market that lasted 5 years did not end well.
- Will this one be Different?
Friday, September 20, 2013
DOW and AAPL Looking to take a break
D&J - 30 Weekly (Neutral)
- DJ-30 still in a Bullish Fork
- Fed says more QE!!
- Back above Midline is now support
- Break below would be Bearish
- A major break below support at 14,250 would be VERY Bearish
- Need a Bearish stock, go after JCP!
AAPL Weekly (Bearish)
- AAPL falls below 440 would start to be very Bearish
- Break above 540 would break the Bear Fork and would make the AAPL Bulls very happy
- New iPhone help AAPL move higher or lower?
Note: New Posts will be in March 2014
- With the Fed pumping in more QE Market will hit new highs this year.
- Be very careful Bears on overall market. Look to short BBY in January.
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