Friday, March 15, 2013

AAPL + Dow Jones, SPY Technical Analysis

AAPL: Third time at the 438-439 resistance region, we could be setting up for a breakout today or Monday. Note, today is monthly opex so we're not expecting much. Stay nimble. See charts:



Dow Jones: Might form a temporary top these two days or at least an intraday reversal again


SPY: Might form a temporary top these two days or at least an intraday reversal again. Note 157.52 is the 6 years high for SPY. That's the only major price resistance left. Stay nimble.