$AAPL Chart Checkup, 5/7/14: Marking Time Amidst Market Madness

Today was a wild day to trade the markets. Even if you weren’t dialed in the entire 6.5 hours. (And if you were, hats off to you…probably need a break after all of the craziness.)

Sure, the SPX and NASDAQ stabilized at the end of the day, but not before catching both bulls and bears off-guard.

Of course, we’re here to look at AAPL charts, aren’t we? 😛 Unfortunately, catching a hint of a clue is even tougher than usual right now. But you knew that already, so let’s just stick to basics (it’s all I can sort of do anyway 😀 ) and start with a look at the 5-minute timeframe. Continue reading