As you probably know, for a long time I've expected AAPL was working on a base to make a counter-trend rally after losing 45% on the downside from all time highs at last year.
I don't want a longer position in AAPL short now because of that.
Daily chart with the bear market decline, a base and what I've expected to be a counter-trend rally that will eventually fail.
AAPL 4 hour and this is why I suspected a base a long time ago here.
Meanwhile, the 1 min negative.
2 min
5 min
and 10 min
I've been watching more for QQQ indications, but this looks worth a speculative weekly put.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment