S&P 500 - It has been a while since I have said anything about this index, but now seems to be a good time.
We are testing important support here at 1,108 (neckline support of a major Shoulder/Head/Shoulder top), if this support breaks we are looking at a 813 target.
Looking at the MACD-Indicator it's turning down below the zero-line, which is quiet negative for the outlook and raises the odds for a break below support.
AUD/USD - We saw important support at 99.72 be broken, the break at thesame time triggered a big Shoulder/Head/Shoulder top with a 87.93 target.
Short term we can see support at the red falling Pitchfork, if however this support breaks we will see acceleration to the downside.
The neckline will now act as resistance.
Apple - The top is in place! The break back into the ending diagonal is a clear sign of weakness and we should soon the diagonal support-line tested and a break here will confirm a decline to all important support at 353.
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