AAPL - We made it to my signal price of $465, however we closed 8 bucks below that so this cannot be treated as final confirmation for the 480-485 target. This week has been pretty easy to trade and profitable thus far when compared with SPY. Feb 7 morning must show strength or we're gonna be bounded into a consolidation channel. Stay nimble.
Everything explained on charts:
SPY - Double top signal from Feb 5 was correct, we had a gap down, but too bad no continuation.
I made an intraday post saying that if it retraces more than 61.8% then it's a likely bear trap. Yes, bulls won again for the billionth time these 2 weeks :)
The daily ongoing risk of SPY is still here and it keeps on hindering AAPL's mid term trades probability.
