jangseohee

"They" Sink & Swing together, no longer now

42 2 1
This is a little confusing for me as well..
OK, i divide Apple             to Nasdaq composite             to get it into a ratio ( Candlestick ) and then comparing it to Apple             (Line chart) itself.
Since 2005 or earlier, wherever the ratio goes, so does APPLE             . Hence they sink & swing in tandem until Sept 2012.
Now, comparing the higher higher in Apple's price and the higher "high" in the ratio, unfortunately i see a bearish divergence for this.
Hence, the moment the ratio makes a U-turn, that is the time to SHORT apple             (because the bearish divergence will pull it down.. perhaps.



Nasdaq 100 also sees a trendline break in RSI
snapshot
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