Monthly Intraday Charts for SPX and SSEC: 2013-04

This is a monthly series of intra-day charts for S&P 500 (SPX) and Shanghai Index (SSEC) for Apr. 2013.

SPX

SSEC

AAPL prediction

From mid-Sep 2012 to early April 2013, in the course of 7 months, AAPL dropped 39% from $694 to $423, the stock price seems to have found a bottom and is staging a turn-around.  The target of this coming round of rebound could be very likely the 200DMA which is sloping downward.

S&P 500 Prediction

After 6 years, S&P 500 made all-time high at 1586 yesterday, exceeded Oct 2007 high of 1576.  My wild guess is that just like S&P 500 made a fake lower low of 666 in 2009 which is ~100 points lower than 2002 low of ~766, this 4+ year bull-market will make a fake higher high at around 1676 area which is ~100 points higher than previous high 1576 before it turns into bear market (correct 20%+).

The timing of top looks to be around May this year.

Monthly Intraday Charts for SPX and SSEC: 2013-03

This is a monthly series of intra-day charts for S&P 500 (SPX) and Shanghai Index (SSEC) for Mar. 2013.

SPX

SSEC

Monthly Intraday Charts for SPX and SSEC: 2013-02

This is a monthly series of intra-day charts for S&P 500 (SPX) and Shanghai Index (SSEC) for Feb. 2013.

SPX

SSEC

Monthly Intraday Charts for SPX and SSEC: 2013-01

This is a monthly series of intra-day charts for S&P 500 (SPX) and Shanghai Index (SSEC) for Jan. 2013.

SPX

SSEC

FB stock price prediction

FB will release Q4 earning on 1/30 at 5pm.  My wild guess is this time FB will miss expectations and price will drop.  Reasons are:

1. Since FB's IPO in May last year, the company released earnings twice: Q2 and Q3.  The stock went down post-Q2 release and up post-Q3 release.  The chance of missing expectation is higher after beating it than missing it.
2. The up trend since Q3-release seems to be exhausting.