#GOOG Bears are stomping this market to new move lows! - www.forex-trading-unlocked.com - Do not fight this slide. 505.00 price target. The Technology Sector is under fire. Do not try and catch a falling knife. Volatility is here...and it is not leaving any time soon. Think of it as a profit taking break for now.
$AAPL is looking very weak. - www.forex-trading-unlocked.com - A hard test of support is expected. 88-90.00 support band targeted. This is a great bounce area...however, it will get dicey down there. Do not bottom pick. 84.00 is not out of the question before there is a Bullish turn.
Bullish momentum is waning, and a turn towards the 124^00 level is expected.
Bears are taking over. Time for a test of 132^00.
The Bearish momentum has subsided, and so has the $USD rally.
The Euro Bears are set to take a break as the Bulls turn this market around for a corrective move higher. This may be the beginning of another wide range trade. 1.3400 is the cap on any rally if the Euro currency is going to settle into drifting market for the Summer time trade.