Tuesday, March 26, 2013

AAPL + Emini S&P and Goldman Sachs

AAPL: The breakout got rejected on first try at the Major Resistance of 470, that's common. We held the 462-460 region pullback so there's still strength for more upside. (Just like how we held the $448 support, we made a base there to go higher) Now, it must continue to hold support in order reach the targets.




ES: Pullback didn't hold, we're now back to the chopfest range where intraday trades shine.


Goldman Sachs: It made a lower low, maintaining same plan with an added invalid price signal if countertrends.