thank you! was a good opportunity to address log vs linear education since AAPL monthly was being discussed

yep mLa127 - the monthly chart has been giving warning signs for AAPL

First off there's some support here, but if lost strongly, the next major demand zone is 123 - low 140's. Also watch the trendline on the 14 RSI as a support/trigger

Next because AAPL has had such a big percentage move over the years, in order to be able to draw an uptrend line, a logarithmic chart is required, see the second image of the monthly Log chart - note how on the log chart you can draw an uptrend line from the 2009 lows, that trendline comes in around the mid 140's. 

Note how you cannot draw the same trendline on the linear chart- this is a good example of when Log charts are useful- most of the time it doesn't matter if you are looking at daily charts but when you zoom out enough years the percentage moves gets too large that you need a log chart to draw proper trendlines

I still get the question every once in a while about linear vs log charts, this is good example of that

AAPL - Chart Link

the high performance AAPL system triggered yesterday, which I commented on yesterday

AAPL - Chart Link

AAPL - Chart Link still up 1% today

AAPL high perf KISS also went long

all the volatility systems that triggered on Friday (EEM. AMZN, GOOGL, AAPL) closed out for a 1 day winner except for AAPL

I posted this on Friday, I bought those in after hrs on Friday, obviously not a big trade but still winners.  AAPL down though

out of the volatility systems that went long on Friday at this moment all are looking to close out

 EEM, AMZN, GOOGL, AAPL still holding

out of the volatility systems, AMZN, AAPL, GOOGL, and EEM triggered long

Same concept as the VIX  BB system. 

anyway quite a few of these 12 systems are triggering or may trigger a long

AMZN, AAPL, and GOOGL (note that GOOGL just closed out a nice trade recently from that system.

on ETF's EEM has a signal

I won't be able to confirm these for maybe 10 or 15 min after the close, assuming that some of these don't fully close until 15 min after the close, kind of like SPY options

AAPL - Chart Link for now bouncing off the demand zone

AAPL - Chart Link daily

AAPL - Chart Link monthly, also the 20 month MA

META - Chart Link- bounced off the coil trendline

AMZN - Chart Link-

NVDA - Chart Link- 20 MA is key

GOOGL - Chart Link- big up day

AAPL - Chart Link- down of course

true and people addicted to Tiktok, but iphone, I ike their hardware, I just hate all the petty crap to keep you in that ecosystem, even peer pressure

my daughter has my old folding phone an Android, and her friends give her shit all the time because of the green bubble thing AAPL shows for text messages, - it's like you are not part of the group, peer pressure to get an iphone to fit in - the kids do AAPL's work for them. At least my daughter is like me too independent to get pushed into an iphone just because her friends say something. Heck my brothers, do that with me too - they are all iphone, Matt when are you going to get an iphone? LOL because you guys said that, now I'm even less likely too LOL

LOL really what a dumb comment from this guy on CNBC TV just now - said he always loves AAPL, he said because if you ask the average person I'm going to either take away your finger or your iphone, most would choose amputating the finger over losing their iphone, yeah right.  at least let's hope that's not true, but wouldn't put it past some of the stupid public. 

Table of Contents:
1. Opening Discussion, KISS systems major update soon
2. General Market Analysis: SPX and Other Major Indices top down fashion higher to lower time frames) and look at the major big cap tech stocks (NVDA, AAPL etc)
3. Custom Indicators/Systems (VIX, NYAD) and Bonds (TLT/HYG), 10-Year Yield
4. Sectors Overview
5. US Dollar, Commodities, Crypto, Precious Metals and GDX and individual mining stocks 
6. Trade Ideas

Market Comments:  The 'bulls' continue to have the Football, and have had it since late October, which has made this uptrend quite impressive getting close to 5 months now. Early last week we pointed out  very obvious coil triangle patternson the S&P 500 and favored this as a 4th wave with another pop to the upside, which we got thus pushing the S&P 500 to close over 5200 new all time highs! For the week the SPX gained +2.3%, the Dow Jones +2%, the Nasdaq +3%, and the Russell 2000 +1.6%. 

Short-term: After the pop out of the coil into Thursday's high and pullback that extended into Friday, for now we are favoring this as another 4th wave of some degree with yet another pop to the upside. That said, it's getting trickier now and late in the game (may not be much blood left in the turnup should we get another pop to a new high). If the pullback on the SPX falls below 5175 it would overlap and negate the short-term wave 5 structure. The 20-day MA is your important support.

- The largest pullback during this entire uptrend was about 130 points on the S&P 500, meaning a pullback below 5130 would be required to break uptrend symmetry.
- For the QQQ, the largest pullback has been 17.6 points
- IWM appears to be some sort of rising wedge pattern wave 5
- Curious spike on the CPI Put/Call ratio to 1.29on Friday despite the market being almost at all time highs

- The US Dollar had a strong week gaining 1.1%
- Gold spiked to a high of 2225 before pulling back and closing at 2160. The daily chart of gold made a divergent high on that last push
- Bitcoin formed a weekly doji candle last week and last week lost -4.4%
- Energy Stocks once again had a great week but may be getting extended here

Economic News This week:
New Home Sales - Monday
FHFA Housing Price, S&P Case Shiller, Consumer Confidence - Tuesday
MBA Mortgage Apps, Crude Inventories - Wednesday
Initial Claims, GDP 3rd Est, Chicago PMI, Pending Home Sales, Nat Gas Inventories - Thursday

double top for AAPL? what time frame? can you post a chart?

AAP - Chart Link- potential longer term swing from that entry a few weeks back if you were willing to give it some room

the AAPL volatility system is looking to exit today, trade is profitable from last week's entry

AAPL - Chart Link- system went long yesterday, doesn't look like it's exciting yet, that may change later I'll let you know

quite a few things may trigger: Google triggered a long yesterday on the volality system. Today the AAPL volatility system may go long, as well as GS, and IBM

one thing I'd like to do after the KISS systems are done, is also add these volatility systems to a table that automatically updates and sends email notifications to you guys. 

I'd also like to do what with the SPY and ES systems eventually as well - that way it's all automated 

AAPL - Chart Link- that Monthly MACD divergence would have me concerned for the longer term if I was Buffet