You don't get it. That's alright. Apple has been strong against the other tech stock by at least 20% during this downturn. Good place to put money right now.tomi can't see what is right in front of him. You too?
The 2nd screengrab plainly shows $NDX retraced a lot less of its drop today than APPL showing it was weaker than APPL and the rest of the sum of its parts. So when it started back down so did AAPL and just about every other of the 100 components that make up the index.
Oh BTW WhyTF did they even gap down.
Oh that's right, because the NDX futures NQ came into the open dowwwwn. Tail wagging the dog.
Indices aren't tradeable.Indices are the composition of a set of stocks so indices move with the stocks, not the other way around. Trading indices is the same as trading individual stocks, except that indices are usually less volatile than individual stocks.
You might try scalping instead using Medved Trader and one good tech stock.. because this is certainly not the leading indicator I use that shows predictable indication what a 1 minute candle is going to do..
Indices aren't tradeable.
Indices I said. Not index futures dummy.Then stop trading index futures, or trying to understand what they are and how they work?

Options on the index, SPX/SPY, are certainly tradeable. The most liquid.Indices aren't tradeable.
Indices I said. Not index futures dummy.
Try entering $SPX in a buy/sell box.
One more time ... I posted.This thread is posted in the "index futures" section. So I thought you were on about index futures.
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My bad. I am a dummy. I do not know how the NQ futures works relative to a single stock like AAPL, and how it impacts the NDX. Nope! No clue. Never mind!
Forget I am here. Indices are untradeable! You are correct! Index ETFs and mutual funds should not exist! Nope! Cannot happen! Cannot be done.
All because YOU said so.