that is a new weekly high and a new weekly low in the same week, which is extremely rare and we are pressing the downside on a Friday which portends more downside come Monday July 27th. glta
looks like thats where we are going to 204 and that may turn out to be to conservative, the hook today was AMZN going up 100 pts., trapped alot of the bulls.
she was going to start raising rates, she stopped playing Blackjack for and instant and without hesitation she said it would be in September, I politely said thank-you as she continued her play.
and Amazon just may be the missing piece in this puzzle.
as major retracement is necessary before any further gains can be made.
looks very likely that either today or tomorrow this gap gets filled, also a move below 208.94 will cause and "outside week" to be formed and if it happens it will be a very negative signal for the spy's.
that is Sandisk Corp. symbol SNDK
the simple fact that everybody except Dan Nathan loves this stock should tell you all you need to know about it's direction in the coming weeks, a move below 119 seems the most logical my friends.
the simple fact that everybody loves this stock tells you everything you need to know about it's direction in the coming weeks, move below 119 seems very likely.
Apple trading down to 120, Randy always helping his friends with the best info on the web.
it doesn't get much better than that
with APPL on deck at 4:30 est.