AAPL has taken a plunge that looks a bit like some very short term capitulation from sellers.
AAPL 1 min chart with some heavier than usual volume this morning.
1 min 3C chart with a small positive divergence
2 min chart with a larger positive divergence
The 5 min chart in line and a relative positive divergence
10 min relative positive divergence
15 min with a negative divergence at the $470 area and building in a relative positive divergence
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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