We're already to 3750 area on futures, I assume they will attempt to hit 3770-3800 today. I don't think it goes much higher than that although the green path is there just in case. I expect a fall from these levels to 3500 in the coming weeks - yellow path. This lines up with what I see on AAPL and other stocks. The short idea is invalid if they can start getting over 3820 on a daily close. Good luck!
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taking a few shorts here
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ES trendline reached (these charts are delayed by 15 minutes)
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Alternative trendline now in play, not sure it gets there, watching for reversal. AAPL is weak.
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AAPL looks like it broke trend and has retested it. Could be a sign of a breakdown about to come. Over 147 and that idea would be negated
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AAPL now broke horizontal support and has retested it, which is an objective short area, if correct we should see selling pick up soon.
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AAPL so far this is looking good for bears - so far
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they are shaking out shorts I believe. AAPL still looks like an ABC here after a messy impulse. Above 147 would be problematic for bears, otherwise this could be 1-2 complete
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SPX took out stops at the very end of day. Makes sense if they want to reverse it overnight/tomorrow. We'll see.
