Thursday, October 11, 2012

10/11/12 -EOD Update

Hmm... Things are looking a little dicey here for the bulls.  Bulls need to defend 1430 tomorrow.

With AAPL continuing to work on its H/S target a 3 of 3 gap down may very well occur tomorrow for both AAPL and SPX.

If this were to occur, the purple count option would become the lead  count for SPX.

15 Min 

60 Min 

AAPL - 60 Min 
Bear cross and respecting the MACD TL.

AAPL - Daily
At the lower end of the TL.
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