Did AAPL, AMZN Top Last Week?

EST

As the new week  begins I have no strong bias, although I’ll be watching closely to see whether the tops traced out by two crucial bellwethers, AAPL and AMZN, have signaled an important turn in the broad averages.  Both stocks peaked very near major Hidden Pivot rally targets proffered here earlier. If the already significant corrections in each lengthen, it would increase the odds that a major top has in fact occurred. See the latest update to my touts for precise details. [In observance of Rosh Hashana, the Jewish New Year, there will be no updates for Tuesday. Regular coverage will resume on Wednesday.]

Comments on this entry are closed.

John Jay September 10, 2018, 12:36 am

A Deep State inspired attack on Russian forces in Syria over “Chlorine Gas” could make the market crash, no doubt about it.
This insanity reminds me of Third Reich’s “Hey, look the Poles shot up a Geman radio station, so we have to invade Poland now!”
https://www.youtube.com/watch?v=vuP6KbIsNK4
“History does not repeat itself, but it rhymes”
Touche’, Mark Twain, touche’!

none September 9, 2018, 6:07 pm

Continuing to observe a 12% capitulation of the bond market of 12%.

ZB targets below: After major yield high spike (ZB 128 level)

Have a great day Rick.



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