US Large Caps in Focus - AAPL+, TGT+, WFC+ (3 February 2026)
Notes: we tend to focus on inflections on the weekly data level to strip out noise and, hopefully, call trades of more meaningful longevity. The basic system is a dynamic heatmap and colours: Up as Blue and Down as Red. Momentum is woven into the price series, such that paler colours represent lessening of power and stronger colours, increasing power. The sub-window shows the heatmap with momentum numbers at each timeframe from hourly to monthly.
Note: we are re-entering AAPL and TGT on having closed AAPL Short into into earnings and TGT on being wrong footed. This is a technical analysis note, we don't have sufficient visibility on earnings to add value.
Apple Inc. (AAPL) - break out to up continuation.
Price refreshed back to key lateral and trend support and has lifted. The heatmap shows strong blue power from daily to 120 minute. Weekly has a full blue risk bar with white frame, which means price challenged the weekly breakout level last session. Prior blue momentum was healthy and increasing, implying that there is an uptrend to re-join.
Target Corp (TGT) - uptrend re-join.
Price has broken to blue on the daily with good power down through the intra-day timeframes. The weekly heatmap row shows a full blue risk bar and the blue edge at 111.28. We are anticipating a breakout basis weekly data. In the chart price has successfully challenged a key internal trendline.
Wells Fargo & Co. (WFC) - early stage uptrend re-join.
Price has broken back to blue on the weekly heatmap row, with good supportive blue power across all lower time-frames. The weekly break comes just off the bottom of the channel.
