Apple made an excellent push down the down trend from the CPI report, now it developed a extremely concentrated Bullish and a Hidden Bullish Divergence on the RSI, beginning signaling a reversal from the downtrend is forming, of course i wouldn't recommend still buying until a good confirmation detected, there could be a possible meltdown to push up, or it can just gap up to reclaim and begin filling missing more gaps form the upside, although the expiration contractions coming will possibly rotate maximum pain, we'll have to see when it happens, i will post more continuous.
Reclaim: 143 TP1: 150 TP2: 156
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Trade closed manually
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RSI Divergence became invalid for short term reversal, will make an update, meanwhile no signs of bullish sentiment
I wonder where the capital will come from? This week in economic data will surely hurt prices, not rally them. However thought out, this won't play out in the short term. This could be wave 3 down
jrod8048
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@WorldEconomics, my analysis won't apply for the week, this can take 2-3 wees to play out