Daily Market Analysis Blueprint 11/26/13

See Commentary below the numbers.

Yesterday saw a choppy day for most symbols. As per the video be aware of volume thinning as we go through the week with the US Thanksgiving holidays (Reminder – no Chart Blast Today)
ES – tight range yesterday, be careful 15 points plus and minus of round numbers like 1800. Watch for sideways moves in the caution zone 1799-1807, if longs can gain a little strength back, look for a hold of the caution zone for targets 1811/16/20. If not then 1791 is an important area of support for a continuation of last week’s up move.
SPY – Yesterday saw the retest of the caution zone followed by a grinding attempt by the longs to get some purchase, holding the top of the caution zone before the bears took over bring it back down to the middle line in the caution zone. Today see if they can hold the 180.67 area which they are trying as I write this for the longs to come back, otherwise its 180.22, the bottom of the caution zone with a potential retest down to 179.45 which is an important area of support.
AAPL – yesterday saw an early nice move up from our 21 area out of the caution zone, holding the retest to make new grinding highs through the day, which was what we were looking for following the hold of the 14 area last week. At the end of the day they retraced to but held the 23.80 top of the caution zone. So they are not going to make this easy. Today similar, look for holds of the caution zone for new highs, but that 513/14 still remains important.
GOOG – moved more smoothly yesterday, opening just above the caution zone, hitting the first target of 1040, then retesting the top of the caution zone 1034, holding to going back up again breaking through the second target 1044, held the restest of that twice before longs took it to our third target of 1051. Key support for the longs is 1037.