Resistance or Bear Trap ?

See file attached.

 

DOW not there yet.

See file attached.

 

Mighty Nasdaq above it.

See file attached.

 

Finally the Dow Transportation index, not displaying the same strength, possibly due to cost of Oil.

See file attached.

 

in aapl we trust wait till it breaks and lookout below.

 

keep waiting, that is what they are using to make you keep your eye of the ball

 

its weak today, when the strong becomes weak time to head for the hills.

 

Longer term look...
SPX looks similar to this, Q's almost to upper channel limit.