AAPL Weekly butterfly setting up now - RSI well overbought
It is likely we will see a correction in AAPL and likely the key indices with AAPL in them as well
(given their price and cap weighting) which is likely the DJIA and Nasdaq
Am waiting for the first signs of reversal around 290 to look for shorts not only on AAPL but the indices as well, seeing the rally has been sharp there are limited demand zones below on the larger timeframe so any correction should be relatively clean and sharp
Will try and post any setups closer to entry if they occur
(given their price and cap weighting) which is likely the DJIA and Nasdaq
Am waiting for the first signs of reversal around 290 to look for shorts not only on AAPL but the indices as well, seeing the rally has been sharp there are limited demand zones below on the larger timeframe so any correction should be relatively clean and sharp
Will try and post any setups closer to entry if they occur
Order avbruten:
Trade Invalidated - No reversal at target PRZ zone