Looks like the air is being sucked out of the GM run but, a break above 33.50 can be bulls are back. Lots going for the bears but I think it is just enough to bring GM back to support line 1. Let me know your thoughts
Looking at the SPX, I am still getting mixed signals. I would like it to close that gap up for bullish confirmation.
With so much indecision in the market, I want to use the AAPL to identify where the overall market trend is. I am slightly bearish on AAPL right now.
Here we are looking at a few different indicators to determine market direction after the sell off overnight. I personally think it is best to wait until we get a clear signal on the overall market trend. I hope this helps somebody.