October 3, 2015

APPLE Bearish pattern

  • Apple weekly shows a possible head and shoulders pattern. For bears price need to close below the weekly cloud for bigger falls to happen.
  • For now price is in a range as shown in the daily chart between 38.2% and 61.8% Fib levels.




3 comments:

  1. INDIAN EQUITY BENCHMARKS rose more than 2% on Monday, posting their biggest single-day percentage gain in nearly nine months as expectations for a U.S. rate hike faded after weaker-than-expected U.S. jobs data. The S&P BSE Sensex and CNX Nifty ended 2.15% and 2.12% higher each.
    Crude Oil Tips

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  2. Great stuff.

    WE have been keeping an eye on buoyant markets after a global rally continued on Wall Street overnight. Basically we have had the longest several days rally since DECEMBER 2014. WOW.

    Here is a scary report that hints about the train wreck market coming next year? => http://bit.ly/1jLMmPk

    The high yield chart does not look the best.

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  3. Your posts are great. They provide insight and helps in investment decision. Keep posting.

    Please comment on http://desibullz.blogspot.in. It will help me learn TA. Thank you!

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