Tuesday, May 22, 2012

1:39PM, Update



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(Red Apple) AAPL gap has been fulfilled. I am neutral on AAPL now, unofficial target of $555 for retest. 
60/40 chance.

SPY, I am maintaining my bullish target of $134.5 with $134.18 as 38.2% retracement level drawnfrom $141.66 as 100%.

 SPY target becomes invalid if today closes below $132.3






-Red Apple