Saturday, February 18, 2012

Weekly TimeCycles, OptionFlows: Is the TOP in ?

The Dollar wants to retest the 78.50 by the end of Feb before taking off to new heights.
 The Euro seems to mirror that view. Bear in mind that a strong Dollar could pull the entire risktrade with it.
 The ultimate ALPHA dog AAPL seems to be in the final stages of a topping pattern. The top could be in or should come in within the nearterm future.
A similar picture we get from the Spyder OPEN INTEREST analysis of outstanding options. We are clearly oversold but could have have some strength left for one more retest (or new top) maybe within the next 2-4 weeks after some brief correction.....
 ....which by the way would exactly jive with our Bradley chart.


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