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Many key instruments closed today at key areas of do or die, AAPL no exception. Leaving the next move at the mercy of the Job report. Whatever happens in my opinion will have a very nice follow up. The Nasdaq weekly is hinting more upside. Let's see if the Job report can be predicted.

Plenty of different reasons as to why insiders sell, but only one for buying.

Lookout for a massive breakout in AAPL this month, don't let big money scare you, they are accumulating silly.

Shoulder disrespect, head incoming aka new highs.

Sell in May and go Away or dump the longs and build your shorts? :)

Houston we have a .... Well right shoulder :D We going to need to clear that for new highs or this baby has questions to answer.

This area in AAPL aprox 583 is pretty good, particularly once we take today's high of 599. Swing oriented of course.

The pennant we faked down exhaustive itself at pennant resistance.

I most certainly don't as I want to see how the open is situated in relation to previous data without interference, many times the afterhours waves obfuscate what really matters, so don't let it confuse you, get rid of it and watch where that open lies in relation to your lines. However, good...

Mac, I traded using entry signals off the fast charts for years, but it felt like blue collar work, had to be glued to the screen for hours and hours. I think a trader has to earn the smaller timeframes as he/she gains expertise vs starting at them, eventually you need to decide if it's...

Dv, The most important chart for me is the daily chart, even if I'm daytrading. It has the S/Rs where price has a higher chance of respecting plus helps me determine how greedy I can get with my winners. Speaking of winners our greatest power over the markets is our flexibility to cut...

I'll tell you the exact same thing I tell a friend that trades along my side on a daily basis, maybe you learn something from the statement. Trading is not a pissing contest, it's not an ego trip where you try buying the absolute low or shorting the absolute high, but it's about managing risk...

Until you learn how to buy before an uptrend develops or short before a downtrend develops entering on established trends during retracements is perfectly fine but you must do it right, with one very specific rule, I suggest a combination of concepts. For instance... Do use buy stops when...

First serious resistance or target of the day for longs is here. The backtest of the old broken Uptrend Line, flipping this and regaining support on that uptrendline would be incredibly bullish for the market. Not something you want to predict unless it occurs, gotta watch the PA, one day...

More lines so you can guide yourself throughout the developing price action of the SPY Daily.

For the time being, the bull is back due to bear flag breakdown failure. Price is now back in the bear flag pennant, with one minor change, price left a fake breakdown at the bottom, the backtest did not hold as resistance. As long as the white line (support line of pennant) holds the...

Today we had the bear flag pennant backtest. If it continues to hold we gonna get the second leg down and take the higher low. If it produces a fake down and we hop back inside the pennant, there is a good chance we take out the right shoulder and consequently make new year highs...

In summary the market opened in no mans land, it could have chosen to test resistance first and then support. Instead it chose to test support. On top of that it chose to test it at a key time, the first hour low, therefore, eventhough we had gaped down, and market looked "bearish" how we...

Additional confluence...

A virgin backtest... <continues...>