AAPL (Apple Inc.) triggered the sell signal I’ve been watching for on a break & solid daily close below both uptrend lines yesterday with additional downside so far today opening the door to the 1st target of 125.75. Daily chart below.
AAPL daily Feb 17th
Likewise, TSLA (Tesla Inc. has also broken below the 800ish support thereby triggering a sell signal which will be further confirmed on a solid daily close below 800. Daily chart below.
TSLA daily Feb 17th
/NQ (Nasdaq 100 futures) is now approaching the first target (13, 591) following the recent sell signal/small wedge breakdown. While a reaction on the initial tag of the 13590ish support is certainly possible, I favor little to no reaction & will be watching for the next sell signal on a solid break below that level as well as a solid break and/or close below the primary uptrend line on the QQQ daily chart. 60-minute chart below.
NQ 60m Feb 17th