AAPL

AAPL looks interesting after a rebound by almost 8%. Well i took an eye on it and i just have to say that there`s some attention needed!

AAPL may rebound but I think until its not out of this inverted Fibo Fan it wont rebound.. Tomorrow we will see more about this..

GLD

GLD/Gold

It looks very weak and I still dont see any kind of a bullish sign.  But if we take a look at the comparison with the SPY and DJIA we see the GLD ETF is outperforming. I personally think it will come down and it will continue perform same as the equity markets.

GLD: Hungry bear

As the equity exchange doesn`t perform upside-way some commodities also perform similar or worse. Well, as i there aren`t any positive indicators i`ll show you what my next target is. My next target in Gold is 1.7% lower and i bet really hard it will reach that target.

 Red line is next retracement which would give a sign for lower sideway consolidation (yellow)

SPY: Target accomplished!

Now we`re more bearish than before...

SPY: Daily short

At the moment im doing just some intraday trades.


My most important position at them moment is a shortposi on SPY.


the blue uptrendline which isn`t all to strong will be my next stop.


Lets ride it out!