Thursday, August 15, 2013

Do Not Count The Bull Out Yet

S&P - 500 Weekly (Neutral)
  • S&P-500 still in a Bullish Fork
  • A break below support at 1575 would be Bearish
  • A Major break below 1550 would BREAK the Bullish Fork
  • Do not fight the Fed
  • Will the Fed really taper??

Tuesday, August 13, 2013

AAPL BREAKS MIDLINE!

AAPL Weekly (Bearish)
  • AAPL broke midline on a Bearish Fork
  • This is very Bullish
  • Break above 560 would break the Bear Fork
  • Got big the move, will it hold? (YES!!)