AAPL 1 min should see confirmation on a 1 min chart of an intraday move, but when it fails to keep up, goes negative and leading negative, something is going on.
Note there's no positive divergence that started this move, this is pure market correlation, I try to make this point often that the most powerful force on any given stock on any given day is market direction and how traders always look for trades in a backward way, they look for the stock first without understanding the market first.
AAPL 15 min
Is interest rates about to start going up?
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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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