Saturday, April 25, 2009

Major Markets, AAPL, Gold

A brief commentary on Gold














Swine flu picks by Ron
CPHD, EMFP, APNN

Obama G20, Bernanke, and the Fed - Ducks in a row.
http://www.youtube.com/watch?v=d0XdQ--ming
http://www.youtube.com/watch?v=omyFPt0f7BA


AAPL target 127 target met as alerted 4/23 11am



Nasdaq target 1700 is met as alerted
It formed RST same as Qs.



GOLD reversal 867 as alerted on 4/17 and now met target at 925.
Will update




SPY hanging man at 88/87 targets met at triple resistances of double top, backtests of
down trendline and up trendline. While rising wedge is broken to downside
price channel is still in tact. Based on all other technical readings, reversal correction area.



QQQQ dual Resistance with RST and TL backtest at 34 as alerted.

Even though reversal/pull back is expected, it didn't happen and
now too many traders are screaming for reversal now with obvious TA readings of overbought and neg D.
However, still look for a reversal- correction.


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