Monday, August 13, 2012

Quick Update

Maybe we don't get much more upside, AAPL is not really looking very good and several other averages are starting to sour on the intraday timeframes. I'll post them next, for now here's AAPL.
 The 1 min that was giving us a signal that AAPL would be moving out of the intraday triangle is already starting to fall apart, not horrible yet and it could turn, but if this gets worse, I'd have to probably call it.

The 5 min was already leading negative, the 2 min is showing deterioration too.

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