AAPL Update and Example

This isn't only an AAPL update, but it provides another good example of what I was talking about in the last post.

 AAPL daily chart has moved above the first resistance area, but as mentioned many times now, a range is more important than any upside reversal this early. I'm even considering selling the Friday AAPL calls now at a 9% gain based on the concept of the range and how important it is to getting a real and solid move.

 AAPL intraday above first resistance, still, somewhere in this area, it is important a range develops.

We can already see progress in the AAPL charts, but for more progress, we need the downside area of the range.

 The 2 min chart is adding to the leading positive divergence.

 As we move along the timeframes, the 3 min is seeing the same (migration of the divergence).

 The 5 min has added to the leading positive today

 And the 10 min has added to the leading positive today, we'll get bigger move and improvement in 3C with a pullback in a range.

The intraday 1 min chart shows that pullback as being likely as it tracks intraday trade.