We're already to 3750 area on futures, I assume they will attempt to hit 3770-3800 today. I don't think it goes much higher than that although the green path is there just in case. I expect a fall from these levels to 3500 in the coming weeks - yellow path. This lines up with what I see on AAPL and other stocks. The short idea is invalid if they can start getting over 3820 on a daily close. Good luck!
הערה:
taking a few shorts here
הערה:
ES trendline reached (these charts are delayed by 15 minutes)
הערה:
Alternative trendline now in play, not sure it gets there, watching for reversal. AAPL is weak.
הערה:
AAPL looks like it broke trend and has retested it. Could be a sign of a breakdown about to come. Over 147 and that idea would be negated
הערה:
AAPL now broke horizontal support and has retested it, which is an objective short area, if correct we should see selling pick up soon.
הערה:
AAPL so far this is looking good for bears - so far
הערה:
they are shaking out shorts I believe. AAPL still looks like an ABC here after a messy impulse. Above 147 would be problematic for bears, otherwise this could be 1-2 complete
הערה:
SPX took out stops at the very end of day. Makes sense if they want to reverse it overnight/tomorrow. We'll see.
