649bruno
Short

Introducing The TLW Test (Traffic Light Warning):Bearish On AAPL

NASDAQ:AAPL   Apple Inc
114 0 5
I am 67 years old and have been charting since 1983. In my 40+ years of statistical analysis in manufacturing, we commonly use SPC (statistical process control) to identify when a shift has occurred in a process. A form of SPC is called "Stoplight Control". The control sheet has a green, yellow, and red area. There should be random variation for measurements (just as stock prices fluctuate), but, too many readings in the yellow or red zones indicate a shift, or change in trend. Apple             is clearly demonstrating a shift in trend. I believe AAPL             will continue lower. As an engineer, I would look for an "assignable cause". For AAPL             , the negative news will eventually come out. As for right now, AAPL             has failed the D2 TLW             (Traffice Light Warning) test three times in a row. I noticed that AAPL             headed lower each time the bearish bat patterns reached Fibbonacci .786 on the X to A impulse leg. The long term moving average is negative. Also, I recently published my negative views on the DJIA             , S&P 500             , and Russell 2000. So, this bearish pattern comes as no surprise. Yours for better trading, Don.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out