ES Journal - 2013

es

 

that break could push to the mid 30's to fill the gap.

the lower tl on the cash is being pinged with these current lows. will look like a bear flag break if we drop another 5-8 points in a hurry.

 

trans and spx have both broken mar channels,trans is a 200 pt hns, right edge of neck at 6111

 

maybe your analysis is correct. The drop till now has been pretty severe with no pullbacks. Also the ADP numbers being so bad provide the fundamental reason for a 30-35 point correction.

 

dow

 

short term ,monday nip was 56-6.50 which didnt provide any supp on the drop,see if it becomes resistance here

 

watch for upside break, some hanky panky going on with AAPL

 

Pattern completed.

 

aapl

 

thanks, keep em coming