Today’s Trades: AAPL, DZZ, RIMM, SPY

Here are charts of the trades I made today. Note that I consider the shorts are early “speculative” trades until there is a confirmation candle.

SPY (short)–hitting the bottom of the $118-120 resistance range. Stochastic overbought at 89. Will add more close to $120.

RIMM (long)–breaking ot of triangle after remounting 50 day moving average.

Gold (short via inverse ETF DZZ, using GLD chart to show from long perspective)–extended. much more so than previous runnups.

AAPL (short)– extended. overbought stochastic at +90 reading. RSI divergence.

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