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Trading Range

Jan. 21, 2011 1:37 PM ET
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philtronics's Blog
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Just updated my stock market blog - it's interesting lately how the indexes keep going up, but there's been a rotating correction taking place under the surface. It seems to have culminated with Tuesday's big whack, which likely marks the end of the uptrend as we've known it, at least for a while. From here I predict a trading, as recent gains are "consolidated".

Apple Computer is analyzed in this particular post, with an annotated chart courtesy of the Gigascanner free stock-screening tool.

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