Now the signals across the major averages are definitely leaning negative intraday, perhaps even a bit longer. This is where I would be taking profits on day trades or stuff like that. I think there are still enough signals in timeframes just outside of intraday like 5 min that still support more upside, no matter what a pullback looks like from this level.
I'm going to look at leading indicators, I'll also leave the Options Model Portfolio AAPL calls open for now as they are January, if they were December I'd be seriously considering closing them.
5 years ago
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