And maybe more interesting is the trend... Especially considering AAPL is pretty much the market.
AAPL 30 min trend from this week's early highs. I know it may be hard to see, but at the left there's a triangle on 3/27, then the breakout above and the failure below.
Here's the 60 min chart with an important level of support, note volume.
That same level on a daily chart, a move below that level should put AAPL in to a long last reversal.
The short term 1 min 3C chart
The 2 min chart
The 5 min chart, note AAPL's trend from the negative divergence at the high.
The 15 min chart leading negative.
The 30 min chart with a 3C downtrend about to make a new leading negative low.
And the hourly chart leading negative, about to make a new low.
I may have let go of my puts a little too early. I'll be looking for any intraday strength, if the recent cycle keeps up, watch the $USD just before noon.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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