We got a first confirmation closed above 455 and above 20EMA hourly, better than I expected. (450)
Buy and trail scalp days are too satisfying..
Will post charts later.
S&P 500 futures technical analysis, market direction analysis and trading. This blog is for educational purposes only.
Showing posts with label Money talks bullshit walks. Show all posts
Showing posts with label Money talks bullshit walks. Show all posts
Tuesday, February 5, 2013
AAPL (Opportunity in the works) + SPY
AAPL: It looks like a huge opportunity in the making, my bias sees a large reversal coming up. However, this time it is not a must oversold bounce like the one I called on Jan 27 [immediate reversal intraday if Jan 28 gaps down]. It was easy to bottom fish last time, but now the challenge is significantly harder.
See AAPL charts:
SPY: Top formation, immediate target is 148-148.15 if continuation continues.
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