Day trading – risk off – Dollar strengthens Index falls Bearish pullback as Apple kicked off the move down followed by Google as earnings didn’t meet expectations. S&P500 emini futures has settled beneath the point of control. The sellers gained control in the overnight session as there is more pressure to move to the dollar…
Day trading – Buyers are weak in morning trading Sellers exhausting as S&P500 emini futures hitting support as earnings are revealing a weaker business economoy. The S&P500 emini futures contract hit support this morning at 1424.25 and price has been moving in a consolidated range from 1424 to 1430. A 6 point range on light…
Day trading AAPL watching as Nasdaq heads down as Apple makes up 20% of Nasdaq trading volume. Apple (AAPL) is showing weakness as it heads into the first major support at $626 . Watch for consolidation at this level as price has come to the first major supporting trend line. If price breaks through this…
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