This is one rotten AAPL...
This still could lead to a Crazy Ivan shakeout, I'll have to look at a lot more assets in to the close to see if we can get a "part 2" tomorrow that will give us something to short in to.
With 3C when all the timeframes are moving together, especially after a head fake move such as AAPL has already put in, it's very strong probability a big turn is near. When the longer charts from 5 min to 15 and really 30 min start moving a lot in one day, there are some big institutional transactions going down, AAPL exhibited all of this today. I warned about this yesterday, there are a lot of hedge funds holding AAPL and only 1 door, when it starts to shut, things will get ugly quick.
1 min
2 min
3 min
5 min
10 min-HORIBLE!!!
15 min
30 min-HORRIBLE
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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