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AAPL is Looking Brittle, Time to Take Profits?

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Apple Inc (NASDAQ:AAPL)  
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NASDAQ:AAPL   Apple Inc
Trend Analysis Chart Patterns Technical Indicators AAPL SPDR S&P 500 ETF (SPY) IWM QQQ VIX CBOE Volatility Index DXY US10Y correction fed
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trendanalysis chartpattern indicator aapl spy iwm qqq vix dxy us10y correction fed
AAPL is most certainly in a persistent downtrend, and after catching notable support near the 200 day MA recently, we're seeing resistance now at the 21 day EMA/100 day MA. With key supports broken, the only real support left for AAPL is the 200 day MA around 115.60. It would take a heavy risk off shift for a move of that magnitude to materialize, but imo it's coming, so strap in...

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