AAPL Follow Up

AAPL can more or less be considered a bellwether for the market, it has done what it needs to do, what I was expecting this morning (choppy, lateral movement) in to worse divergences and the Put position entered yesterday is just about break even so any downside from here and it should be working well, but the larger picture is that of today's action in broadening out a reversal process that was very parabolic yesterday.

 2 min intraday was very sharp negative, it has added to that to make a new leading low today while we've broadened out the area, this is what I mean about quiet markets, by price alone AAPL would seem to be quiet today at a +0.18% move, but as you see, there's a lot going on under the surface.

 3 min


10 min.

We know have charts as far out as 30 min going negative, but I chose options because this was primarily in the 1-5/10 min range.