1. With SPX a whisper above it's 2nd support zone, AAPL could quite possibly defend 172 fiercely.
2. SPX 2720 / 2730 is the 3rd support zone , not "that" far below.
3. Ideally, the SPX slips to 2720 / 2730 , and AAPL shows relative strength holding 172.
4. An apple a day keeps the ex-wife away , so I need my AAPL
2. SPX 2720 / 2730 is the 3rd support zone , not "that" far below.
3. Ideally, the SPX slips to 2720 / 2730 , and AAPL shows relative strength holding 172.
4. An apple a day keeps the ex-wife away , so I need my AAPL
But, the war is not yet over as the S&P projects lower still to 2680-2690
I'm interested to see how she reacts to the next leg down in spx.
Thus, if/when the spx shoots lower and begins to probe 2690 .... if AAPL is within an intra day shot of hitting 172 , that will be my entry into a LONG position.