AAPL / QQQ

From looking at the averages and specifically the QQQ, they are holding together pretty well, you can't have a market ramp too early because they can only be sustained for a certain amount of time before they have to run the market in the opposite direction, look at yesterday's early ramp of nearly 20 ES points! However when you have a ramp that early, it's pretty hard to imagine it going through the afternoon.

In any case, I'm writing specifically about AAPL and the Q's as AAPL has several very nice looking intraday charts, it should benefit from them and if AAPL goes, it's hard to imagine the Q's just sit by.

The Q's themselves have a decent set of intraday charts as do the other averages, I just thought the AAPL connection was interesting.

AAPL also has a small triangle  from the 9th to present, that would be interpreted as a consolidation/continuation pattern and as such, bearish. It would be interesting to see a dip in AAPL below the $538 area and what happens after that as few technicians will have any argument with that triangle being a bearish consolidation, which makes it a perfect bear trap.