1. plot us dollar vs gold and silver...your answer lies there as always...dollar will make one final push up soon...but momentum and public sentiment really bad on metals, so you know youre close to a tradeable bottom...I am hearing stories of gold at 800.00 and crap like that...always a good sign bottom is close but not quite there yet imho.
2. AAPL broken for now...stopped out on AAPL...will get back in after earnings...forming bullish falling wedge and massive divergence on it on price vs momentum indicators.
3. BBRY and FB hanging in there.
4. Mkts look toppy as I noted few wks ago...prob trying to form IT top...RUT broke down...SPX and Dow to lesser degree but they usually catch up.
|