1pm update - almost time for the AAPL love fest

Whilst the main market is back to holding minor gains in the sp'1970s, the mainstream media hacks/cheerleaders are about ready for a somewhat stomach churning love fest with Mr Cook and his elite public relations team. As it is.. AAPL remains under broken support of the $119s.


AAPL, daily

AAPL, monthly

Summary

*the current black-fail candle on the daily chart should be not inspiring the bull maniacs.
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The monthly cycle - which was suggestive of a retrace to the 2012 high around $90, has already come close.. with the flash-print/trade of $92.

With renewed downside in the main market in Oct' , that should again take AAPL to the low $90s.
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For the moment, I'd consider an AAPL-short after the FOMC is out of the way. Anything above $115 would seem to be a great short entry.

Ohh, and after the tech' announcement this afternoon... AAPL will be highly vulnerable to some sig' swings. I'm glad to be out of that one.
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1.33pm...

I guess someone decided to sell at $114.00. Or maybe upset that the IPAD pro was not 13 inches?