Fuinhaz

The $SPY was much higher when I woke up am 6:30am. It is still an impressive move as apparently Cyprus got a "draft" deal from the European Union. Also known as the Socialists have gone wild program. The truth is that there is no deal so far. Everything that is being said is a way

$ACAD Weekly Chart - I really thought it was going to reach it's 8.98 target last week which represents the 50% Fibonacci Level, but it did give up so close. Today it is openining high. This one should be interestingtoday. $APOL Daily Chart - Nice pop in this name. It needs to hold strong over

$SPY mildly high this morning. I personally think it is a bull trap since the Cyprus news is the only thing making headlines. I have been noticing a lot of momentum traders being very cautious, and looking for a pullback that will fill the current gap in the $SPY. I can only see one thing.

$ACAD Weekly Chart - This was the biggest winner from yesterday's setup. I think it is very extended here, so I will focus on how it will react once it touches the 8.98 price, which correspont to the 50% Fibonacci Level. I think it pulls back to 7.00. $ANAC Daily Chart - Gaping above the

$SPY lower following a big run yesterday after the Fed said that nothing had changed in the interest rate. In Europe the Euro-group chief said that the Russia aid for Cyprus is unlikely to happen, and that they got four days to strike a deal. As for US economic news the new jobless claims edged higher by 2,000 to

$ACAD Weekly Chart - Sitting above the 7.03 Fibonacci level at pre-market. As long as it holds above that level it is a nice long. An idea would be to see the open, wait for the gap left behind to be filled, and once it crosses the 7.03 Fib level, one can go long with

The Cyprus talks continue as they are now considering help from Russia. Not the kind of partner I would like to have during a crisis. Today we also have the fed decision. Which will not decide on anything but talk about the economy. I do think that this time he will start to mention that

$ARNA Daily Chart - Trying hard to move higher, but nothjng looks better than that 61.8% Fibonacci level @ 7. $BBRY Gaping above the 50% Fib level @ 15.52. If for some reason it tests that level, all I can say is. You better hold this line $RIMM lovers. $BIDU Trying hard, but still far

$SPY gaping higher after yesterday's reality check. The whole world waiting for a piece of land of about 3,572 sq miles to decide it s fate. I hope their 15 min of fame with be fast and furious. We all know that those Socialist countries don't have a lot crisis management, and are probably thinking with their individual pockets instead of fixing

$BBRY Daily Chart - There is only one spot that I can embrace $BBRY and that is above 15.52, until then, it is a no go for me. $DELL Daily Chart - Have ran a lot lately, I think a pullback is needed. That should start to happen once it reaches the 14.67 level. $EA