AAPL + Dow Jones, SPY and NFLX Technical Analysis

AAPL: Short term bulls showed no continuation which means intermediate bears are still enjoying the ride. It was a relatively easy day for intraday trading as we hit resistance in the morning and reversed quickly. Stay nimble and don't get trapped in sideways action by using tight stops for good risk vs reward. See charts:

Dow Jones: Price confirmed our Extreme Overbought Signal intraday reversal signal in the morning. Intermediate term is still bullish since we got a healthy reversal.

SPY: Price confirmed our Extreme Overbought Signal intraday reversal signal in the morning. Intermediate term is still bullish since we got a healthy reversal.

NFLX: Waiting for a breakout, would be an easy trade once it breaks.