This is an ideal time for a high on the quarterly time frame according to bull cycle counts. If price can bounce and pullback to the and reject it with some nice price action I'll buy the hell out of it (notice how the fibs and major 2000 high sit right on top of that area). If it breaks this line then look out below...
There may be some opportunities to play a move (short) into that via this index and/or $AAPL but I need to see confirmation of a top. I'm not trying to get honey-dicked with a bear trap like everyone whos been shorting US equities over the past year or two.
I'll post more analysis and go over the opportunities once things become clearer.
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