AAPL's price action may provide clue about the health of this market. It has been stuck in a sideways action since July. The base from February through July my act a support zone.
Will the bearish head-and-shoulder pattern come to fruition with the stock breaking decisively below 200 MA? If it does - this stock may take the market down with it.
Comments
charttrader
⋅
430...
timwest
⋅
Interesting. I think AAPL could fall without the market, however. :-)