Did QE just get announced?
S&P rejected 1370 this morning which is the level that I am really hoping it breaks up above to support the belief in continued upward movement. Why 1370? I was only looking at the inverse H&S that should have completed a few weeks ago and moved above that level, but it has failed on a couple of instances. Still holding long though and I think it will break out..
You provide as much analysis as an Ant.
All you do is bitch and whine when the truth of the matter is you don't use a single shred of technical analysis...... and to compound the matter you actually think you have some vague understanding of the fundamental.
Unlike you I actually provide charts and insight on many things (not just AAPL), have been for almost 4 years.
Go away. You don't belong on this thread. You're one of the reasons the long time vets don't come around anymore. I'm personally tired of it. Used to be such a great thread for insight and being among real traders. Now it's over run with dart throwers, hail mary guys, or karma fisherman.
I think what Rock meant was he has been enjoying the aapl ranges. Some traders like to pick the bottom and get calls and pick the top and buy puts as the stock is range bound.
I suspect he also has backache and needs to invest in a new wheelbarrow to stash all the cash he made from aapl this week.
SPX features a wedge with an obvious upward channel playing out inside of it right now. We are also lodged between a POC and a value area nearly as large. I will naturally assume the channel holds as the wedge grows tighter and tighter. The stock world is still waiting on something to either breakout or break down. What either of those could be, I'm not really going to hassle myself with.
Updated look .....