aapl..looking at hourly data the supp area is more defined.it is based on $600 resistance.if price moves up then so will the res area a minor supp area is $564-568 that is the area for any minor weakness to show...imho
10 min data showing the latest trend trend supports are at 1400..1392 and 1384 areas blue lines..45 degree trendlines there is a horizontal count that goes to 1412 area..so there could be res there
apologies on the last post.the horizontal count i put on should have been 1414,not 1412..so 1414 was a great shorting position that chart was put on in a hurry as the market opened.so a great long to 1414 and a good short banged in aswell now back to apple computer..that seems to be driving momentum hourly aapl chart.i ahve used a 1% box size because of the intense uptrend now,either we get a break to $632 area...horizontal count or a failure....spread triple-top/failed signal NOTE WELL...the position of the trendline...it is very close to the price...so any failure and the market will see this as a break of trend probably price will go to 580 area supp and consolidate..but break of intense trend and will slowdown.a possible driver for other markets...imho
s&p 500 4 hour data if there is a breakdown.the trend is supported at the trendline/45 degree 3.00 points by 2 reversal
spx had a great day 15 minute data shows the trend from march 6th note how we had a good uptrend which went into a sideways move and then a downside move.also a good signal to go short on the break of that uptrend line see how the downtrend line got broken on friday and a quadruple top break to the upside.friday and today. 1.70 box size by 1 reversal hilo plot
cable..gbpusd broken out 4 hour data 37 pips by 2 reversal..hilo plot seems to be definite dollar weakness=stocks up need to see surusd break
outlook for non farm payrolls eurusd 10min data the downtrend that started on 3 rd april looks to be over so either continuation of downtrend or support comes in