AAPL: Short term bulls held the support area in the morning then bounced back to resistance. We are still in a sideways pattern so stay nimble in order to prevent being trapped. Intermediate term is still bearish, want to see a break below 419 next week after monthly opex. Also, a little chart guide on how we viewed the intraday tape, the fake breakout was funny.
Dow Jones: Still inside bullish channels
SPY: Made new highs, relatively easy to trade channel for intraday. Buying the dips and selling the rips until it doesn't work.
NFLX: It was a perfect clean breakout with the morning gap up. Admirable intermediate bull trend chart. It would be an easy squeeze to $200 when it takes out the 198.37 high. Grind baby grind.
