source avatarTrader Steve

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$AAPL finished the week up 0.7% while the Nasdaq 100 fell 5.49%. That relative strength is why I lean long. But I'm not chasing. I'm waiting for a pullback of roughly 1.5% into a zone where several supports stack. The tension: buying power has faded on each push into the highs. Apple kept making higher lows, then stalled three times at the same ceiling. It's now drifting inside that range. Why the zone matters: - About half of the last leg retraced - Last week's low sits right there - The daily 20-period average sits just under it When three independent references land in one narrow band, a dip has a reason to stop. From an ICT view, those three equal highs leave untouched buy-side liquidity above. Resting orders like that tend to pull price toward them. The entry sits in the discount half of the range, where an unfilled daily up-gap overlaps the range midpoint. I'm wrong if price closes below the Oct 9 swing low on the 4h. That breaks the higher-low sequence the whole idea rests on. Risks: a bearish divergence on the daily and 1h, and the Oct 28 rate decision plus Nov 2 earnings. The order may never fill, and the target could take 3-10 days. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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