Tuesday, January 22, 2008

DOW & APPL CHARTS ANNOTATED, JAN 22



TRADE ALERT!!!!!!
GS - gapping down pre market at 4:15 down to 183
GOOG- down to 575 pre market!!!!!
AAPL - 140 pre market !!!

The appl chart is a 60 min candle chart. A solid downward channel has formed as AAPL PingPong'ed downward. Look for AAPL to crush through 147 in the AM tomorrow.
The DOW Chart is showing a FIB grid with correction trend lines. Our next SUPPORT level on the DOW is 11200. GOD SPEED.