There's movement in AAPL as I suspected...
1 min trend in a leading negative position.
1 min intraday-remember this is after the break above the bull flag which offers retail demand.
migration to the 2 min chart
and the 3 min chart looking sharper on the downside.
Strategically, the 30 min chart already is in a position in which I want to consider AAPL as a short, it's just been the shorter charts and the head fake for timing.
I'll be considering a Put position in the options model portfolio, of course I'll let you know if I decide to open one.
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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