AAPL follow up

    Posted by matt on 11th of Jul 2013 at 01:13 pm

    AAPL - Chart Link - 60 min view, bull pennant pattern playing out from last week, there is some resistance approaching via the horizontal lines and Neg Div via the MACD, however the pattern measures higher otherwise.  In late June AAPL also had a beautiful bull wedge pattern

    AAPL - Chart Link - last

    Posted by matt on 15th of Jul 2013 at 10:25 am

    AAPL - Chart Link - last week it paused at resistance, however the pattern measures quite a bit higher and I would not be surprised to see it push higher

    AAPL implied vol very very

    Posted by falcon5678 on 15th of Jul 2013 at 03:13 pm

    AAPL implied vol very very cheap.  options are implying a 5.5% move on earnings.  typical would be 9%.  23.50 for the at the money straddle

    maybe twiddling thumbs till a

    Posted by bkout3 on 15th of Jul 2013 at 10:59 am

    maybe twiddling thumbs till a break above or failure at the May S&P high?

    TNA rsi 2 at 99.9 has anyone seen it this high before?

    Posted by dealfind on 15th of Jul 2013 at 10:57 am

    TNA RSI-2

    Posted by sbaxman111 on 15th of Jul 2013 at 01:25 pm

     

    While the TNA etf didn't exist in 2003, it certainly follows the movement of the underlying RUT. From 5-30-03 to 6-5-03 the RUT was above 99% for those 5 consecutive days. It culminated with a reading of 99.98%. Its RSI-5 that day was 95.92%. At the moment the RUT is at 99.96% and the RSI-5 is at 93.28%.

    On 8-21-93 the RUT hit 99.95% with an RSI-5 of 92.99%.

    From 2-22-07 we went from 99.12% to just 0.47% on March 5th.

    Back in July of 2009, the NDX stayed above 90% for 11 straight days and hit 99.98% during that span - just like where it is now hitting 99.99% on Friday and being its 10th day over 90%.

    The longest period of time over 99% on consecutive days is 6 - but the NDX could break that today if it closes higher as it will have 7 days over 99% in a row 

     

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