AAPL Update

 AAPL has definitively broken an important support level, you know what the trend has been...

 Late yesterday we saw a quick positive divergence in AAPL and a little run in to the close, the 1 min chart has continued building from that and is leading positive here.

 The 2 min chart is leading very positive here.

 It's all bleeding to the 3 min chart.

And for the first time in a while the 5 min chart is responding.

If there's been AAPL accumulation for a bounce, it didn't just start yesterday, for a decent bounce it would have started last week, maybe even before as the goal is to accumulate in to lower or at least stable prices, this is a delicate dance between supply/demand as to not move price against an accumulated position, but often after a position has been accumulated in a situation like this, we coe back to the short term charts for timing as the middle men who filled larger institutional orders stock up in anticipation of an order they just finished filling. That's why we often see the short term charts go positive right before a reversal, it's not that the larger accumulation took place there, it's simply the market makers/specialist stocking up.

I'm going to peak around a bit more, but I'm considering adding to the speculative June Call position, the AAPL equity short which I won't be changing is up nearly 13%-That's the core position.

As always I'll let you know if I make any changes Before I do so.