As I published the last post, the QQQ had already broken out to the upside of the triangle as i thought they would, this is not a big deal, it's not anything special, it's intraday trade, there was no downside head fake move first.
As to the second question about AAPL, yes, it looks supportive, this isn't AAPL analysis and isn't an endorsement in any way of an AAPL long, I'd have to take a much closer look, but near term it should move up a bit and offer some support to the NASDAQ 100.
QQQ 3C divergence is leading even more as the Q's breakout of the triangle in the yellow box intraday today.
AAPL 2 min has a leading positive divergence, this is small and intraday.
The 5 min chart shows the distribution at the $484.50 level and some current accumulation, again, not large or really strong, but it should be enough to move AAPL up a bit from here.
Finally AAPL 15 min, distribution in the same area around $484.50 and a slight leading positive divergence now. Personally it's not worth it for me to play AAPL long here, I'll take a closer look later, but I don't see the potential profit worth the potential risk.
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