Apple yearly Pivot to yearly S1

AAPL went down to the yearly S1 pivot target,  per my posts the last few month.

Monthly R1 and Yearly R2 pivots

major resistance at the monthly R1 and Yearly R2 pivots. New monthly pivots on Wednesday will tell us more.

Trade off the Monthly pivots

The monthly pivots provide great entry and exit spots

Yearly R2 pivots

 The "old" all time highs made in 2007 happened at the yearly R2 pivot point(see chart below). We are near this year's R2 pivot point(see chart above,) Will History repeat?

Gold on Yearly S2

Gold is testing the Yearly S2 pivot point and the 1000 day moving average(50month) today. Will we see a hammer buy signal there? We will know by the end of the day today.

 

Nope....no buy signal

Dow futures testing YR3

The slow grind from the past few weeks has broken out to new all time highs. The Dow futes(YM) is testing the yearly R3 pivot today and the monthly R1 pivot. The S&P (SPX) is 15 points away from it's yearly R2 pivot at 1602. The old all time high made in 2007 happened at the yearly R2 pivot. Will history repeat itself? We will know very soon.

Look for a new moon sell signal.

slow grind

2 steps forward and 1 step back, seams to be the markets movement.
I still feel we see S&P 1525 before 1600(YR2). Gold and the S&P are trading very close to each others price. Don't know what that means if anything. Just an observation for now.

Gold on MS1

June Gold futes are testing the monthly S1 pivot point. I still feel that gold will fall to the yearly S1 pivot at 1535 -1550.

Wheat on YS1

I am looking for a bounce on May Wheat on the Yearly S1 pivot point this week.

INDU/DJI at YR2 res

The Dow Jones is testing the yearly R2 pivot point. I am looking for a pull back to start this week. it should only last a week or so. The rally should continue until June 22nd quad opex.  Also note the new monthly pivots(green numbers).