Just hit a support level at 11:03, the volume confirms it. Not surprisingly the SPY heads up with AAPL.
3C 5 minute tracked yesterday's trend in AAPL pretty well, you can see the first negative divergence at the top sending AAPL lower, it's now in a leading negative divergence. I would think AAPL may be forming a top here of at least short term duration-maybe $284.50-$285?
Keep an eye on AAPL, as AAPL goes, so goes the market.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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