Tuesday, December 18, 2012

Apple says 'not so fast' for the Bears......

Apple (AAPL) Daily Close as @ 12/17/12
Just as the 'bearish' juices got flowing late last week; Apple puts in an 'Outside UP' day come Monday.
This should (emphasis: should) set the foundation for a significant attempt to retrace & potentially put to the 'test' the Negatively Crossed 50/200day SMAs on both Apple & the NDX100 as well.