Monday, November 7, 2011

AAPL Update

I update Apple as a market belwhether as it is often used as a momentum frontrunner.

Going in to the close, here's what AAPL looked like...
 There's a decent bit of distribution in to that afternoon run which only got worse as the day wore on.


A slightly longer chart shows the same.

I wouldn't be surprised to see ES go negative in the next few hours.

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