As we all know, AAPL is one of the best go-to bellwether stocks for market action. Yesterday I posted, "AAPL Looks Toppy" as it displayed negative divergences from 5-30 min.
This morning AAPL is down a bit over 1% on some volume.
This morning acton on volume.
What is a bit surprising is the two notch decline in 3C 15 min chart, that's two consecutive notches to a leading negative divergence, usually the 15 min hart doesn't move this fast.
Again, it's still early trade and a lot can happen, but AAPL's start this morning seems to reflect some institutional activity.
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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