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KristofStockHunter
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CEO and founder of Stock-Hunter.net. I started 4 years ago with trading I went to some tough times but once I learned to understand the trading methodology the world changed for me.
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  • QE Or No QE? Who Cares, Read The Charts!$AAPL, $SPY, $GS  0 comments
    May 13, 2013 4:40 PM | about stocks: AAPL, SPY, GS

    Today we got a pretty slow trading day on Wall Street! There are some rumors out there that the FED will end there QE program later this year! Who Cares? I am using charts to help me through these financial markets

    Since last week, we saw a pretty light volume float in this market. So as day trader I am only taking the best moments to trade, and that's the first to hours of the trading day.

    Let's go over some scalping levels:

    $AAPL: resistance: $460.00, $461.51, gap fill 463.66

    Support: $449.00, $445.60, $441.86, $439.41

    (click to enlarge)

    $SPY: Resistance: $164.00, $164.50 and $165.00

    Support: $162.50, $162.00 $161.70

    (click to enlarge)

    $GS Resistance: $151.00, $151.50

    Support: $147.00, $146.00, 145.00

    (click to enlarge)

    Kristof De Block

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