Good To See Someone Doing Volume At Price Analysis. I was waiting to see others interest before I started posting. Through Years of Experience I've found Major Institutions respect the High and Low Volume areas going 1 year back. I see Worse Case Scenario around 2900. With a likely bounce off the two areas around 3100. If we make lower highs from there then we could see a fall to the lower areas.
We have been trading on FED policy since the Jackson Hole meeting in August 2009.IMHO. The biggest gyrations on this massive bull run has been on FED events thus my theory. Apple will play huge on the NQ's and desperately needs a new approach as they are loosing market share on their I phones which makes up half their business. Smart Phones are now becoming heavily pressured by cheaper versions of their I phone.especially in the emerging markets..