Is is trend reversal? Yes or not, $AAPL will correlate
Correlation trading strategy idea analysis
I suppose nobody can exactly say when the bearish market will end.
But some trading strategies work independently to trend direction.
One of these strategies is the correlation intraday strategy.
I explained my vision of correlating intraday trading in previous ideas.
Also, I showed the correlated moves on APPL and suggested this stock for trading.
Today I am going to show you how actual support&resistance levels on APPL and
SPY charts.
Look on these charts.
The corresponding levels look so much alike.
Due to the correlation trading strategy, it is reasonable to wait for correlated lever breaking.
WhenSPY and 
AAPL simultaneously break their resistance levels, It will be possible to buy AAPL.
WhenSPY and AAPL simultaneously break their support levels, It will be possible to short AAPL.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
I suppose nobody can exactly say when the bearish market will end.
But some trading strategies work independently to trend direction.
One of these strategies is the correlation intraday strategy.
I explained my vision of correlating intraday trading in previous ideas.
Also, I showed the correlated moves on APPL and suggested this stock for trading.
Today I am going to show you how actual support&resistance levels on APPL and
SPY charts.Look on these charts.
The corresponding levels look so much alike.
Due to the correlation trading strategy, it is reasonable to wait for correlated lever breaking.
When
SPY and AAPL simultaneously break their resistance levels, It will be possible to buy AAPL.When
SPY and AAPL simultaneously break their support levels, It will be possible to short AAPL.Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
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