for nearly 2 weeks, SPX has fought against a wave of persistent selling, although institutions have not join into the mix as blocks selling is not evident.
goog and aapl has fought against falling below their 200MA and goog is in danger of 2 consecutive close below that mark today. still, with earnings next week, any major breaks is unlikely.
FIBO support levels from the February lows is well below current SPX and CCMP prices.
similar cases for goog and aapl. bidu near 270s is testing major supports in both sequential and chart views, keep attention there for shorter term trades.
paul
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