Zach Bass

Apple and the Major Indexes: A Technical View

In response to John Scott: I was referring to the Indices daily charts to look for a reversal in the MACD (12,26,9) and the 60 minute charts for a positive divergence. I will be more specific in future posts, thanks.

Apple and the Major Indexes: A Technical View

marcos wrote: So, basically stock fundamentals regarding income, sales, profits are meaningless in the market today. Doesn't 'big money' care about these things?

Sure they care, but fundamentals are like the Earth's jetstream, or ocean currents, affecting the weather in the large. TA does not drive the market, it is simply an analytical method used to illustrate market/mob behavior as trends and patterns.