SPY: Still the same bullish chart, however the daily RSI is becoming overbought again and negative divergence on hourly SPY. Will go for a scalp buy at ~$152.56 if a healthy pullback occurs. See charts:
ES: Hourly overbought signal
Wednesday, February 20, 2013
AAPL + SPY + S&P Futures Technical Analysis
AAPL: Bounced at the 61.8% fibonacci retracement and trending support line. Now, bulls must show conviction by regaining $465-466 on Feb 20. Will update the second leg potential (485+) when we get the price confirmation. Stay nimble. See charts:
SPY: Still the same bullish chart, however the daily RSI is becoming overbought again and negative divergence on hourly SPY. Will go for a scalp buy at ~$152.56 if a healthy pullback occurs. See charts:
ES: Hourly overbought signal
SPY: Still the same bullish chart, however the daily RSI is becoming overbought again and negative divergence on hourly SPY. Will go for a scalp buy at ~$152.56 if a healthy pullback occurs. See charts:
ES: Hourly overbought signal
