AAPL follow up

Unfortunately it takes some time to capture, annote, and post charts. During the time I was posting the AAPL thin ice post (you can see by my screen shots it had not moved at that point), AAPL has made a move below intraday support on some increasing volume.

For those interested in a short entry, I certainly wouldn't be dissuaded by the recent move today, AAPL still remains dangerously in the red zone. Any intraday strength though would make for a better entry, at this point I just don't see it coming.

For everyone else who may not be specifically interested in AAPL as a position, it should certainly be noted as it is a good barometer for the NASDAQ 100 and thus the market being the most heavily weighted stock on the NASDAQ 100.