AAPL Update

Here's the post from Friday predicting the AAPL move, this is in large part based on market behavior as smart money knows where the stops and orders are going to be and this triangle in AAPL was just too big and obvious in the closest watched stock in the market, 3C just confirmed what we already know about market behavior, especially near a reversal-it's often counter-intuitive.

Now we have the move I suspected on Friday we'd need to see completed.

As I often mention, all of these market behaviors are fractal, meaning they are all seen on every time frame. Here's the macro view...

 AAPL shakes out the bull flag and then moves above the bull flag, this allows Wall Street to sell/ sell short in to demand which they need in the size they are trading, as I often remind you, at least 80% of the reversals we see are directly preceded by a head fake move, for many reasons.


Here's the micro view...

 The triangle in AAPL (which is taken by Technical traders as a bullish consolidation/continuation pattern) and the break ABOVE the triangle I mentioned on Friday we'd need to see otherwise starting the move Friday would have accomplished nothing and made no sense.

And here's why...

Take a look at the volume, that allows profits through volume rebates, but more importantly it provides demand by retail money, and thus we come full circle.