Tuesday, 22 July 2014

3pm update - baby bull flag... probably

US equities see a micro snap lower, but most indexes are still moderately higher on the day. Price structure on the sp'500 is a very viable baby bull flag, although it is negated if a break much below 1980.


sp'60min


Summary

Hmm...what do you think?

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*AAPL earnings at the close....

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3.11pm... LONG the R2k from 1154.

Yeah..I executed a trade... is the bull case cursed now?


3.20pm.... so... I'm moderately long...seeking the R2K 1170s by end of the week...1180s would be a bonus.