The SPX short-term trend changed yesterday and pointed to an upside which has continued today. The 60min Chart shows us that the overbought condition continued from yesterday to the end of day today. None of the Fib. targets held any resistance for prices. So for now we will stick with our indicator to tell us where we are.
Mid-Term: Down
Short-Term: Up
Again we should look for the 60min to exit the overbought level and turn down while manipulating the Short-term trend to change its trend.
Note: AAPL afterhours pop and drop.... So much for the apparent good news...
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ReplyDeleteapple earning might looks good, but it isn't
ReplyDeleteits just another way for timmy to keep his job and make the company more attractive to buy when its not at this moment
BB and raise dividend will not going to save the company.....
exited my calls,loaded shorts during the highs of the day
tmr might see a minor up and close in red