Wednesday, November 21, 2012

11/21/12 - EOD Update

10 Min 
The 10 min highlights 3 near term options that I'm tracking.

Green - Wave (c) of  (iv) completed with the wedge.

Gray - Trying to wrap up wave i.

Blue - A variant of green.

60 Min 
 Daily MACD crossed up today. Must keep an eye on the NYMO as well.
AAPL - Weekly
Gotta keep an eye on AAPL. If it consolidates in the 570 - 520 region, we must be mindful of that descending right shoulder forming. That will be bearish.

Happy Thanksgiving!