Monday, 18 April 2016

2pm update - AAPL not at the party

Whilst the broader market remains moderately higher, AAPL is having issues, currently -2.2% in the $107s. Next support is around the $105/103s. Considering the broader market, sustained action <$100 looks out of range.

AAPL, daily



As for the broader market, price action remains unquestionably bullish, not least reflected in the Dow.

... and as a fair few will be aware.. some Golden crosses are due on some of the indexes in the near term.

Q. Has Gartman capitulated yet?

yours.. not watching clown TV