Tuesday, June 3, 2014

A Ho-Hum Day

After a dip & recover day on Monday, today the SPY, DIA & QQQ printed an inside narrow bar candle. The IWM again was the weakest with a long spinning top candle. All in all, no major damage to the indices, and mostly it was a boring, ho-hum day. This could be the quiet before the storm.

If a more substantial pullback does materialize before the market breaks to new high territory, here are some levels to take notice on for the SPY, DIA, QQQ, IWM, AAPL & NFLX.

(Click on the chart to get an enlarge view)
SPY:



DIA:



QQQ:



IWM:



AAPL:



NFLX:




Disclosure: Long Put on SPY, IWM & NFLX.



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