It seems to me, the AAPL sellers won't wait untill the figures areout in April:
Of course, the Nasdaq100 is highly correlated to AAPL and it seems to be close to at least a big correction:
Showing posts with label NDX. Show all posts
Showing posts with label NDX. Show all posts
Friday, March 30, 2012
Wednesday, March 23, 2011
Mid term NDX & DJIA
It seems that Nasdaq100, who was the leader of the Hope rally since March 2009, has finally given up:
But the DJIA is still able to post some new highs, at least at 12600.
Tuesday, February 23, 2010
USD: showing the way
This morning in Europe we have tested yesterday's highs on March's SPX contracts at 1112.75, the same time NDX's ones have missed previous high by about 2 points. Also we've seen a sharp rally in all currencies against USD, bringing USD index to its trend line going since mid January.
The price action which actually followed suggests that we have finally rolled over and, at present, entering new phase of dollars appreciation and sell-offs in all classes of risky assets.
This scenario will be validated by crossing 81.5 on the USD index.
The price action which actually followed suggests that we have finally rolled over and, at present, entering new phase of dollars appreciation and sell-offs in all classes of risky assets.
This scenario will be validated by crossing 81.5 on the USD index.
Friday, February 19, 2010
Gap and run
The tittle of my post is the program for today's session in the stock market. Yesterday's one proved just merveilleusement my EW count. NDX has stopped right at 61.8% retracement of the intermediate wave 1.
After market FED's announcement proves that they have good EW analysts as well. In any case, the message is pretty clear: "drop stocks, currencies, commodities and run on treasuries". So, don't fight the FED.
After market FED's announcement proves that they have good EW analysts as well. In any case, the message is pretty clear: "drop stocks, currencies, commodities and run on treasuries". So, don't fight the FED.
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