AAPL: Short term bulls doing pretty well, the next target at the $460 region could be shortly reached if it can continue to hold this 20EMA hourly train. The fast and furious fade setup worked out great in the morning. (The extreme signal to play countertrend, search previous fast and furious scenarios I posted if don't know what I'm talking about)
Relatively easier price action nowadays, not many surprises so it is a good trading vehicle again. Also, monthly candle hinting at a promising bottom when confirmed.
SPY: Not much to say, the relentless bulls has once again retraced all the corrective action.
Let's see how it does with the 20EMA daily consolidation first.
