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Double top or 3 push up so finally some pullback is due, which would be bought eventually (may not today) anyway.
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it's a nested double top (Friday's top as left bigger top), but as usual, I don't believe target, it's just a range.
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fehro wrote:SPX green, VIX green, NDX takes out Fri's HOD thanks in part to AAPL huge spike and pbar to 110.55??? AAPL announcement today
They are going to disappoint, nothing too new in near term , think a great long term short....Every $1 move by Apple moves S&P 500 up or down 0.6526 point....
fehro wrote:SPX green, VIX green, NDX takes out Fri's HOD thanks in part to AAPL huge spike and pbar to 110.55??? AAPL announcement today
They are going to disappoint, nothing too new in near term , think a great long term short....Every $1 move by Apple moves S&P 500 up or down 0.6526 point....
fehro wrote:SPX green, VIX green, NDX takes out Fri's HOD thanks in part to AAPL huge spike and pbar to 110.55??? AAPL announcement today
They are going to disappoint, nothing too new in near term , think a great long term short....Every $1 move by Apple moves S&P 500 up or down 0.6526 point....
Apple is coming out with cheap phone models for China and India market...don't think that will turn the world...
fehro wrote:SPX green, VIX green, NDX takes out Fri's HOD thanks in part to AAPL huge spike and pbar to 110.55??? AAPL announcement today
They are going to disappoint, nothing too new in near term , think a great long term short....Every $1 move by Apple moves S&P 500 up or down 0.6526 point....
Apple is coming out with cheap phone models for China and India market...don't think that will turn the world...
The chinese phone makers has flooded the markets with android phones. not sure how much competitive edge apple will have over there. plus, it is a dilution of apple's brand.
“The short summary for last week was that the weekly pivot was tested early, held as support, and SPX then trended up for the rest of the week. I'm expecting an early test of the weekly pivot this week as well, and if it holds as support again, we could see a rerun of last week. I'll be watching that test carefully.”