AAPL Update

If you caught yesterday's AAPL Update then you know that the charts from 10-min to 60 min (actually daily) are all negative, all set to go, as of yesterday it was just the 1-5 min charts, thus far today there has been deterioration in those charts, I'd hate to chase AAPL and the 5 min chart suggests we might not have to.

 The 1 min chart's trend is out of sync and in leading negative position, I'll be watching it though for any hint of a small positive for a bounce, I'll show you why.

The 2 min chart has seen migration from the 1 min, it is similar, but the divergence is not as sharp.

 The 3 min has a nice negative divegrence going, but it could be stronger. This is where I have a line in the sand, the 5 min charts.

This one is still in line, yesterday's post was looking for the 1-5 min charts to look as bad as the 10-60 min charts posted yesterday or the chart below...

AAPL 10 min, heavy distribution in to the earning's gap.

I suspect with the 5 min chart still in line, AAPL will bounce and the 1-5 min charts will deteriorate to the point AAPL is a clear short set up/ entry.