AeroSpace

This chart is showing an interesting character right here. Should it break up through resistance I like the prospects of an inverted head & Shoulders pattern.

S&P 500

I think short term the S&P is slightly overbought. We will not open new positions here. When we get a pullback we will be looking for long positions for another leg higher.

APH

I like the basing action in the weekly on APH. Longer term this stock is in an up trend. I see possible upside target around 47.00... Need it to break out, then I'll be looking at the pullback...

LOW (possible short)

Here are the top 10 as per S&P500 scan



The following signal longs for today.

S&P update

Well looking over the weekly chart of the S&P500 I see a few things of interest. First notice the longer term fibo. Currently we also have an inverted head and shoulders. This also goes with the 38.2 fib retrace. So I see a bullish tone down to the support (Red line @ 950). I think the bears task is to drop the p's under 950. Bull task to for support off 950 to hold and bounce off support. So a war is on and now we shall see how pans out. I will say I do think it is possible that we are in a longer term retrace in the P's. My reasoning for that mixes both technical and fundamental info.

SPY

This weekly chart suggests bullish tones with a possible S/H/S pattern.