Wednesday, August 12, 2015

The Apple never falls far from the S&P500?

Apple (AAPL) Daily Chart @ Close 08/11/2015
Apple's 2015 'fate' has assisted the Benchmark Market Capitalization based S&P500 set Record Highs.
Apple now @ risk of entering a Bear Market......a 50/200day SMA Sell Signal the necessary sign that such is underway.
That said; the GAP in late February that was left in the 'wake' of the near vertical rally has now been filled.
Apple's Medium- Term 'intentions' will influence the S&P500's; so all eyes here for the moment.