/ Published in * Trade Alert, AAPL, NDX, SPX

Are you considering the long side? We are still not sure.

  • KEY POINTS BEFORE THINKING TO THE LONG SIDE:
  • I need to see trading above the 50% Fib (3120 on ES) to consider the long side
  • VIX need to trade lower for a second day
  • AAPL should hold current levels or trade higher
  • SPX and NDX strength should be again similar. |NDX had been much stronger.

To be prudent, I still need a confirmation to trade to the long side. For transparency , I had had limited exposure to the long side last week.

What you can read next

$SPX – Second day Down 1.32% from Monday’s high
Market weaker than expected
A week from the Double Bottom #ES

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