AAPL (APPLE) UPDATE

AAPL (Weekly) Bearish 

• AAPL in Bearish Fork
• Right on mid-line
• Break below 560 would be very Bearish
• Next stop below 560 would be 460 range
• Could get a strong bounce off mid-line (Most likley NOT)
• Break above 680 would be very Bullish

Weekend Update

SP-500 (Weekly) Bearish 

• Still in Bearish Fork
• Major support at 1404
• Break below 1404 would be Very Bearish
• Next support would be 1390
• IRS very over sold
• Would be very careful if I was a Bear
• Major pop could happen to the 1432 level

AAPL (Weekly) Bearish

• AAPL in a Bearish fork 
• Break below 580 would be very Bearish
• 580 is the line in the sand for the Bulls and Bears
• Watch AAPL
• Where it goes the market will go!