Tuesday 21 July 2015

3pm update - something special

Good afternoon.... brb... just managed to finally logon!


.. and this is where I am sitting right now...



Why post from the capital city.. when a beach is possible?
 
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Market update coming...


3.06pm.. so.. equities are moderately lower, sp -11pts @ 2117... with the VIX +3.6% @ 12.70.

A retrace to the sp2100 threshold is clearly underway.. the only issue is whether 2090/80s are possible before the next lunge higher into August.
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Bullish Mounts Bay.... SW England.... at 8.09pm...



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Err.. so... I just logged on.... maybe I should be the one asking for an update.. ?

AAPL earnings due at the close, right?
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3.19pm sp -11pts.... 2117.....  with the 50dma @ 2102.. we'll surely at least get to there tomorrow or Thursday.

AAPL , daily


Bearish engulfing candle at resistance... hmm....  a case of good earnings.. but the market will sell it down anyway?
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notable  weakness, INTC, -1.4% @ $28.60s.... ugly daily/weekly charts...


Headed to at least 26/25.. .if not the H/S target of $22.50... possibly as early as October.
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3.44pm...  sp -8pts @ 2119.... just not any sig' downside power today.... seemingly likely though... tomorrow of Thursday.