Long v. Short

Here's the AAPL (Trading ) long hedge I was considering.

 AAPL 2 min intraday positive, not very big at all.

 AAPL 5 min positive, pretty decent signal, but on this low volume there's only so much you can accumulate in 2-days which isn't much.

Now take the exact same 5 min chart above and put it in perspective, this is why it's a little scary to be long AAPL or much of anything, you need to be absolutely on the ball.

 Again a 15 min chart shows there has been accumulation and a bit of it relative to the volume available today, yet the same problem exists, "How much gas can you put in the tank with only a day or a day and a half?" and how far can that carry you.

Then...

 Put the chart in perspective. The highest probability trade here is waiting for AAPL to bounce and shorting in to that bounce.

SPXU, 3x short SPX-500

 Unlike the intraday positives that are a day or maybe 2 long, SPXU (a short ETF) has a huge trend leading positive, this isn't a day or so, there's lots of gas in the tank and if it dips, they'll add more as I  will.

I'd take this 5 min SPXU leading positive over AAPL's 15 min leading positive every time, it has size to it, it has strength, it has a process that is mature.

Look at the 10 min, it's not just the most recent "U" bottom, this is part of a larger base going back in to November.

FAZ 3x short Financials

 This 10 min leading positive looks beautiful, the divergence matches the reversal process, both are mature, both are the size you'd expect.

FAS 3x long Financials on the same 10 min chart...

 On the other side of the coin, its inverse, FAS, on the same timeframe is nearly the mirror opposite.

FAZ 60 min (3x short Financials) with the probabilities/ big picture, I don't even need to write on this, it's clear as daylight.

The size of the divegrence is unusual as most have been, this tells me this isn't a correction or a dip and all of the other data from leading indicators to breadth, market structure, mass psychology, margin debt, F_E_D policy, etc. all are in agreement.

Usually we'd see a huge move off a divergence a third of the size of this, but it's only once every 4 -6 years that we get a change in the primary trend and that's when we run at extremes,this however has to be the most extreme market I've seen from all of my time studying past bull and bear markets and I understand why when you understand how this market got here, it's a house of cards built on the shifting tidal sands of the beach.

FAS 2x long Financials

Like you'd expect, the inverse ETF has the inverse signal, this is one of many ways we look for confirmation, but there it is.

Or we can just look at the underlying Financial Sector, the whole story is there.

 XLF Daily. I drew in the distribution areas with red boxes and I made them approximately the size of the distribution, hopefully uoi'll understand what this all means, that this is not a corrective downside move, don't forget to look at the 3C money flow at the left in 2010 and compare to the current even as price is significantly higher.

XLF 4 hour chart

 XLF 30 min chart, this has been negative all year, usually these would have produced a move the first month, but as we have seen with some of the top Private Equity and Hedge Funds, they have said, "We have been selling EVERYTHING not nailed down for the last 18 months".

They wouldn't lie about that because it's so easy to fact check via their SEC filings, especially a trend that size, that long, this explains not only the long and extreme 3C signals, but also the indisputable falling breadth from 2013 at its height at the start of the year to its lows presently, those stocks don't fall below those moving averages if they are being bought.

 XLF 15 min with more detail, but the same conclusion.

 XLF 10 min

XLF 5 min

Here's an intraday positive divegrence in financials on a 1 min chart, but...

Put that same chart in perspective and tell me, can you even see today's positive divegrence to the far right?

I didn't cherry pick any of these, I leaned toward the assets I want to add to or am involved in, but it's the same everywhere, that's why I had such a difficult time finding a hedge and I'd much prefer having a 3x leveraged one, but the industry groups and averages that have the leveraged ETFS available looked worse than AAPL.