Wednesday, August 29, 2012

12:00PM Quick Update AAPL + SPY

Not much different than yesterday, market still in consolidation mode and the bearish bias for this morning was accomplished now we shall see if we get any true movement in the afternoon

60min MACD shows limited action for both AAPL and SPY at the moment

Not here again this afternoon, so I may post a review tonight

 AAPL, short-term bullish above green triangle support


SPY, stuck in 141-142 consolidation mode


-Red Apple