Sorry, forgot about the birth of AAP in my original chart. This one should make more sense.
Just an educated guess...
Took some time to think about a potential super long term picture of AAPL , since this single stock drives much of the market.
Seems to me that market players have been on wobbly footing since the Jan 2018 mini-crash. However, this recent gravity defying rally has gone on long enough for me to reconsider my views. I think now that this (overall) up and down chaos will go on *much* longer than most think. I consider that there may yet another significant drop this year, rather than a continued melt up... but... The FED is not out of ammunition yet. They will pull some final magic show out of their hats!
Trade safe friends. Do not underestimate what the FED can do. The only thing they cannot do is save the economy in the end... but all the interval in between can be manipulated to wits end.
Just an educated guess...
Took some time to think about a potential super long term picture of AAPL , since this single stock drives much of the market.
Seems to me that market players have been on wobbly footing since the Jan 2018 mini-crash. However, this recent gravity defying rally has gone on long enough for me to reconsider my views. I think now that this (overall) up and down chaos will go on *much* longer than most think. I consider that there may yet another significant drop this year, rather than a continued melt up... but... The FED is not out of ammunition yet. They will pull some final magic show out of their hats!
Trade safe friends. Do not underestimate what the FED can do. The only thing they cannot do is save the economy in the end... but all the interval in between can be manipulated to wits end.