not done on the upside

Started Mar 05 at 5:45PM (EST) (By marketfeel)

Transmitted from http://marketfeel.com

Symbols: AAPL, GE, A, GS, NWL, BIDU, GOOG, AMZN

we saw initiative buying today after a cash build up.

Today was a taylor sell day (trade above yesterday highy) and a trend day

Monday sets up for a taylor sell short day and z day.  Dont expect much of a pullback.  There are still too many bears fighting it.  They are scaling back but still in it.

The cummulative breadth has pointed clearly that we break new highs.   We should see a pullback starting between the 8th and 11th but keep a shopping list handy.

I will be scanning stocks over the weekend.  A quick glance shows a wolfe wave target on GS of 180.   NWL has the same pattern as GS and has met its first target but shows a longer target of 15.

GS is right up against a longer trend line down that should give it pause before another try

there are others that broke out like GE and AMZN did last week.  AAPL is just a monster and needs to be watched as well as goog

The only short that looks tempting is BIDU based on it’s historical relationship with GOOG

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