AAPL is the market

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Some people still aren't getting it so here's an overlay of SPY (blue line) on AAPL.

I figured AAPL would be weak after the split since every Dow ETF and mutual fund had to dump 3/4 of AAPL holdings since the Dow is price weighted. More than I expected, and it can't seem to hold any gains from futures pumping.

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ملاحظة

Most stocks went up premarket, AAPL went down. That's bearish.... AAPL is the market.

Futures went oversold, so definitely a chance the market bounces here, but I'm not going long on anything until tomorrow at the earliest.

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AAPL green even though the market is red. First bullish sign since the top.

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AAPL looked bullish but the selloff in Europe might not be over so I stayed out.