S&P 500 Update 1812 level of interest for bears

Pattern Worth Noting DTE Energy

One of the Cleanest Symmetrical 'Continuation Patterns' I have came across as of late. The previous Pattern PFE broke out nicely for a decent return, and is mimicking this same setup. If a entry can be triggered to the long side at 67.42 before the lows of 64.52 are taken out I expect this pattern to have a High Volume Node Shift resulting in a upper trend-line breakout. Expected measured move prior to breakout is 77.75. New actual pattern will be calculated ounce breakout is confirmed. 

4 Years To Complete AB=CD Move (SPY)

SPY Weekly

ES Update 1541.75 Key Pivotal Low

$ES_F 1541.75 Pivotal Key Low, if taken needs 1530 to hold...< 1530 bears will want 1481.75...Bulls need a move > 1551.75 to keep momentum

CL Crude Oil Update Symetrical Trianle

$CL_F $91.91 Pivotal Low, Bulls need to take out $93.47 High after mid-band resistance

ZB 30 Year Bond

$ZB_F Still stepping lower after last weeks "False Break N' Shake" of downtrend line. Last month low 142'05 Res.

ZW Wheat Falling Channel Potential "Wave 5 Low"

$ZW_F Potential Wave 5 Low against 78.6 & completion of -38.2 target. Key pivot reversal holds out of falling channel

6E Euro Futures Update

$6E_F H&S targets inside "Key Swing Low" Every rally has been sold as stair step lower continues .382-.50 N Jeopardy

DX Dollar Futures into 161.8 & 78.6

X Setting up for the Buy Side United Steel

I talked about the short opportunity X had on January 30th, 2013 Click Here and how it had $2 more dollars of room to the downside to fill its gap and test the established trend-line. Well a little over a month later the move has completed. Trend-line has held and a reversal pattern is currently underway. IMO the lows here should be in. Key reference area for a long is 19.87.

Oil Symmetrical Triangle

Oil futures daily chart is forming a Symmetrical Triangle. On the 3rd test of the trend-line identified "X" is the ideal location to get long instead of buying the breakout. .618 retrace from the November 2012 lows to the January 2013 highs along with a key pivot bar is propping this future to where it could see higher prices next week. I also like how its breaking out of the organized falling trend channel that was established against the Right Shoulder highs made in February. My overall expectation is for the "Neckline" to be tested and for oil to continue higher and targeting those 127.2 extensions. 

Aapl Close to Cycle Low (Apple)

Apple getting very close to a cycle low. $404.66 is the begging of the Key Reference Area.  There's also a couple 161.8 extensions that are lining up inside the support zone. 50% correction from last year's $705.07 high is at $352.53. This week apple finally retraced its entire move / erased all of its gains from 2012. As apple is making new lows on this current downswing the volume is starting to subside, so the selling pressure is getting exhausted at these current prices. I believe ounce apple enters the support zone it will be a excellent opportunity to get long, IMO big money investors will start building a position here. Ounce the trend-line is broken it will be off to the races and the short squeeze and fresh longs will press it higher very quickly. $522.18 swing low to $705.07 swing high projected from permanent low will be were shorts try to attack again.