Saturday, 20 October 2012

ES Z12..looks like top ( continued) and AAPL...Apple bearish candle formation-at last- The end is nigh

This is one of the stocks that has amazed me for years...One of the 'Darlings' of Wall St along with Google and all the rest of the massively overbought/price inflated stocks that have never seen a decent retracement since 2008. They have defied gravity far too long but a candlestick pattern like this in both weekly and monthly charts perhaps indicates a coming correction and across the broader market .

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