We’re zooming out to the monthly chart to identify our edge.
The AAPL monthly chart is printing a buy signal. Until that buy signal disappears, the odds are in favor of the squeeze firing to the upside. This could push AAPL and TSLA to +2 to 3 average true range (ATR) and to new highs.
We’ll need a reset in the market to stack the probabilities in our favor. We’re looking for the SPY and QQQ to pull back near their 21 exponential moving averages (EMA).
In the video above, we’ll list names on our focused list, identify our ideal entries, and analyze the inverse chart of the SPY.
Stay Focused!