I agree with you Rip on going down to about 1080, although I'm not sure if today will end up or down? So far it looks like it's going to be down, but even if it rallies back later today, this week still should be a down week.
My trading strategy is based on an aggressive retracement of NYMO and also based on call-put ratios marking a top yesterday.
I'm projecting a big red candle today (some would say out my @$$) down to 1090-1095, and a reversal tomorrow at 1075-1085.
Good Morning Monica. How are you today?
Good morning gang. Hope you are all well.
If the 50DMA is taken out this time you can see a big sell off.
Apple is so over-hyped. I'd love to see a big sell off in it.
Bearish engulfing in apple Inc http://niftychartsandpatterns.blogspot.com/2010…
Looks like we are going up to the 112.27, and 112.34 spy prints from afterhours yesterday.
Yes, I agree…
I'd like to see that channel broken by the end of the week (below 1080), before I'll believe we are going down hard.
Most likely a slightly down day, I am looking more towards end of week for some real selling. So far they have not given a sign of things to come
I agree with you Rip on going down to about 1080, although I'm not sure if today will end up or down? So far it looks like it's going to be down, but even if it rallies back later today, this week still should be a down week.
My trading strategy is based on an aggressive retracement of NYMO and also based on call-put ratios marking a top yesterday.
I'm projecting a big red candle today (some would say out my @$$) down to 1090-1095, and a reversal tomorrow at 1075-1085.
Good Morning Monica. How are you today?
Good morning gang. Hope you are all well.
If the 50DMA is taken out this time you can see a big sell off.
Apple is so over-hyped. I'd love to see a big sell off in it.
Bearish engulfing in apple Inc
http://niftychartsandpatterns.blogspot.com/2010…
Looks like we are going up to the 112.27, and 112.34 spy prints from afterhours yesterday.
Yes, I agree…
I'd like to see that channel broken by the end of the week (below 1080), before I'll believe we are going down hard.
Most likely a slightly down day, I am looking more towards end of week for some real selling. So far they have not given a sign of things to come