2022-01-28

Updated Apple Symmetry

This is the whole market now. Apple is more than 100 percent of the Nasdaq's gains this AM. If Apple falls, the lows are getting taken out. Apple doesn't even have to fall itself today, that could come next week. All it will take is Apple going from a big gain to a small gain, to put the market in an extermely precarious position for next week.
I'm yet again ready for anything today, but my suspicion is that a rally in the indexes will meet resistance. If the selling starts early, it is going to accelerate into the close. I am nervous as hell, but will press shorts today.

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