AAPL is pretty indicative of the tone I mentioned in the last post, except in a few ways AAPL looks even a bit sharper here, I added XLK (Tech) and QQQ for comparison/confirmation.
I have to say, I still like AAPL chances for a downside move of some significance.
Just a warning, this is a reaction to fundamental -real time news that the market probably has not fine-tune discounted so signals may shift fast, if they do I may have to post a few updates without charts as they are more time consuming.
AAPL 1 min -AAPL is already negative through a bunch of timeframes as seen earlier today, this one is getting sharper on the downside.
XLK-Tech Sector 5 min with a fairly sharp divergence, it's closing in on the low from yesterday at 10 a.m.
QQQ 5 min (longer timeframes carry more weight), a 3 min timeframe doesn't carry as much weight, but is much sharper.
This is what is being seen at present in the averages along different timeframes.
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