Stocks are too high & the market is in uncharted territory
A pullback might happen today, but stocks are still slightly going up
Trading today will be short term & medium risk to avoid a sudden pullback that might happen anytime later
We see 1730 as resistance for S&P 500 today
Look to sell S&P 500 @ 1730
Apple released iTunes Radio & iOS 7
Apple should stay above 470 & reach 473-475 today if it wants a strong bullish pattern for the next few days
Look to buy Apple around 470
McDonald's raised its dividends by 5% but was expected a 10%-15% raise
McD's stock is slightly down for now, resistance @ 99.0
Look to sell McD around 99.0
Google is investing in a new health company
Google's support @ 900
Facebook's support @ 45.0, resistance @ 46.0
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