29 July, Daily Pre-Market Report
Our 2nd profit target for AAPL was hit yesterday, I’m moving our stop up to yesterdays low. S&P e minis re-tested 1100 and are bouncing off this important support level as I write this. A close below this level would be bearish and a close above 1119 Tuesdays high would be bullish. EURAUD is setting up for a short play a break below 1.4336 would be the signal. If you would like to view how we are managing our other positions in our members area register here for a 14 day guest pass to the GT members area.
Martin Thomas is a retired investor, he is a consultant to hedge funds specialising in enhancing trader performance. He founded the Genius Trader Ltd in 2006. He has been advising traders since 2005. He is a guest speaker at Anthony Robbins Wealth Mastery Seminars.