Tuesday 25 August 2015

2pm update - its the turning hour

Having seen some notable weakness from an earlier high of sp'1948 to 1914, US equities look set for renewed upside into the close. With the USD +1.2% in the DXY 94.40s, commodities are somewhat mixed... Gold -$14, whilst Oil +2.1%.


sp'15min



Summary

Hmmm..... we might have seen the floor for the day...

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AAPL, 15min



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Again, despite a likely attempt to make some gains on the long side across the next few days, I've eyes on the bigger prize.
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2.10pm... still waiting.. .with sp'1918

There is a micro bear flag threatening sp'1908/06 this hour.


2.15pm.. still waiting... 1915...


2.17pm.. LONG-AAPL.. from the $107s.. with sp'1916.


2.30pm.. so. sp'1921....     and I'll surely hold AAPL overnight...    Hmm... never easy... playing that side of the game.