Tuesday, 25 August 2015

12pm update - holding gains

US equities are holding strong gains, but still look moderately vulnerable into the afternoon. Regardless of any afternoon cooling, US indexes are set to close net higher, and a break into the 2000s looks due before the weekend. Again though.. such a bounce does nothing to negate the recent critical break.



Little to add.

I'm still looking for some kind of minor wave lower.. maybe to 1920/15 zone.. by 2.30pm

*will consider picking up a 'small' AAPL-long position in the 2pm hour... but if the price don't drop... I ain't buying.


An update from Riley... that appeared just this morning

time for tea. :)