Thursday, October 18, 2012

Pre-market views apple under presure 18-10-2012


Good Morning traders
Let’s go over some plays for today, the $spy did have 3 straight up days so I am expecting a pause day or a slightly negative day! The dollar is trading in the pre-market slightly higher so if the dollar can get a bit we can see some nice downside in the market! The resistance points on the $spy for today are: 146.52$ and 146.75$ support on the spy will be at 145.64$ and 145.19$.  In the pre-market apple is trading lower some support area’s for this morning : 631.83$ and 623.84$ and gap fill at 621.70$  .


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