sp'60min
sp'daily5
Summary
One thing to keep in mind is the MACD (blue bar histogram) on the daily chart. We're still ticking higher , and that's why I'm still seeking sp'1425 later in the week.
Its hard to fathom, or 'guess' the smaller little waves. There is often some sense to them, but its just too annoying most of the time to trade them.
I'll get involved later this week, for now...lets see how high the maniacs can kick this higher.
It won't be easy though, the hourly cycle is set to go negative cycle in the next 1-2 trading hours.
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FB continues to ramp..almost 8% higher, nothing less than crazy.
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Bears have to ask themselves, with AAPL +$10, its not looking so good after all, is it?