There's a lot of economic news today
The market continues to be overbought & dangerous, supports are weak yet it still wants to go higher
Trades less & more cautiously
S&P Futures possible resistance @ 1760.65 but might be broken above if economic news are good or just because the market wants to go higher
Investors are also waiting for FOMC statement tomorrow
It is widely expected that there'll be no tapering until next year after the US government shutdown took $24 billion out of economy
Yesterday, we mentioned that Apple's earnings beat expectations but stock dropped from 529.88 to 517.25 & it will most likely go up to reach for 530 again
Apple already rebounded up to 532 as we expected at 8am EDT during pre-market trading
We might've missed a good opportunity to buy Apple below 530 but it's still possible to buy @ 530 if it stays above, although at a higher risk
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