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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (61)12/8/2021 1:11:23 PM
From: rimshot  Read Replies (3) of 1309
 
AAPL vs. $OEX ratio on the 5-min chart peaked today and for recent days approx. 60 mins ago

AAPL 174.87 = new record high, printed this morning Wednesday Dec 8

you be the judge whether the ratio is likely to continue a sideways consolidation in
the coming hours, or surpass its intraday ratio peak, or decline back toward "customary" levels ...

for the time being AAPL's recent out performance vs. the other 99 $OEX stocks has peaked on Dec 8th at
unusually high levels on multiple time frame charts

the AAPL vs. $OEX weekly ratio has briefly seen higher levels in the recent 2 years

AAPL weekly -

stockcharts.com
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