AAPL Update

AAPL also look like it needs a little consolidation here, but I do think it will move higher (thus the reason for closing the short yesterday) and likely drag the market with it to what I would think would be the $680 area on a second right shoulder, but for right now, it looks a frothy and is seeing short term negative divergences.

 AAPL's positive divergence yesterday afternoon and a current 1 min 3C chart that is in line with price.

 The 2 min chart isn't seeing the 1 min chart's in line status and thus it looks like it needs to consolidate a bit and let the 2 min chart catch up.

 The same positive is seen yesterday on the 5 min chart, but again the 5 min chart is just slightly negative intraday and looks like it just needs a bit of consolidation.

 Longer term this 15 min chart saw a lot of strengthening yesterday, it should form at least that second right shoulder we talked about on Monday.

And here's roughly where the second shoulder would be, around $680.