Market Observations for the Week of Nov 12

What the Alpha Male doing? Apple has taken quite a hit and is close to some crucial Support/Resistance Line. If we assume some normal correction here (bullish case) then we can take the last correction structure as a blueprint, which would need a higher HIGH in the TREND Indicator and a lower Low in the APPLE price to confirm the exhaustion.....this means annother retest of the Low after a short upside move...

 The dollar sees another week of strength, which the Public Opinion Chart (small chart from sentimenttrader.com) could see as a possibility.

 ...same with the Euro.

 I stumbled across the China ETF Chart....let it talk for itsself

Gold in Euros and Dollar might see a shallow correction or better a retest of the recent trend before we could expecta stronger November .

 The VXX (Vola ETF) show a structure the could support another swing down.

Bottom line:
We might see som Exhaustion moves next, followed by another Bull move into the SANTA season...