- Apple is approaching resistance levels.
- Recent Attempts to stay above this resistance level has failed.
- Now there is a GAP between 409 - 415 level which might act as resistance.
- Even if price manage to get above this level the developing negative Divergence will make it difficult for bulls to survive at higher levels.
- Long term trend of Apple is still up which might change the above view.
- SPY MOVING UP WITH DECREASING VOLUME
December 25, 2011
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