Thursday, April 11, 2013

AAPL, GOOG, SPY and GS Technical Analysis

AAPL: Apple has a lot to prove, don't get stuck by the levels, stay nimble.



GOOG: We're now back at the top of the downtrend channel.




SPY: Violent breakout above trigger, bears had to buy to cover and made a violate squeeze and relentless buying feedback loop.



GS: Violates the intermediate downtrend because we closed above our 148 trigger line from 2 weeks ago. Now, in neutral to slight bullish mode.