Only Apple

It's not just the Harami involved in a reversal of course. The $SPX also has good support at 1350, and a solid 4 month uptrend behind it. I think all 3 things combined, are probably saying "more upside to come".
Then again, maybe I'm just talking my book - being 100% long at the moment!

 

Term structure went from 500 to 900bp/ It will hit 1000 tomorrow.

 

I smell fear!!!

 

Oh yeah, AAPL just broke the short-term down trend. It's heading north again folks.

 

AAPL at 621.77
Support holding so far.

 

What support? This thing is going to 617.

 

I see even number support at 620.
Support range 621-617.
Next even number support below that at 600.
It keeps pushing down on 621. We'll see what happens.

 

Ok, so support isn't holding.

 

Bounced off 620.71...
:eek:

 

Big drop may be in store. Where's Uncle Ho?