Daily Market Analysis Blueprint 9/27/13

Commentary below numbers.
da-092713-op
ES – Yesterday opened in the middle of the caution zone, pushed straight up, broke out the top, held the quick retest and made two thirds of the move to the first long target before falling back into caution zone for a lot of ping-pong action and fighting the days lows / the caution middle zone / the caution top zone. Today, overnight has been brought down to bottom of caution zone which is a key level, 1684.50, failure here could have swift move to first short target 1678 but beware of them pushing into caution zone 1693 / 1700 one more time bringing bulls back into play.
SPY – Yesterday, exactly same story as the ES, except it hit its first long target – which when it rejected was a warning sign for anyone in ES longs. Today, overnight it’s been pulled just out of the bottom of the caution zone, so potential for retest of the caution zones (170.02/169.58/169.12) and failure for potential short to first target 168.59. If they go for gap closure, watch for continued momentum out of top of caution zone, with a retest holding for first long target 170.51.
AAPL – Yesterday spent much of the day tracking back and forth along the middle caution zone. Today still stuck in caution zone, see the levels above.
GOOG – Yesterday sideways along the bottom of the caution zone. Today key to keep out of that choppy caution zone, see levels above.
ZB – Yesterday Ping-Pong day from caution zone top to bottom. Today, after an overnight hold of the caution zone is positioning itself for a potential pop at the highs, watch for a retest of the top of the caution zone, 133’06.
NQ – Yesterday held the caution middle zone for push out the top, where held the retest to push through first long target where retest fought for long time before failing and bears taking back to caution middle zone, at which point bulls had control over lunch and bears for most of afternoon, holding it in the caution zone. Today similar story to the ES and SPY.

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