CHART-II
- Apple hits the bollinger band as discussed in the blow chart. For bears price closing below the lower bb line may extend this fall. Closing above it may give a pullback towards 20 Day SMA again.
CHART-I
- APPLE Daily chart closing below 20 Day SMA should target the lower Bollinger band in the coming week.
- MACD sell signal has worked well so far. Price sustaining below 20 SMA should extend the fall towards the next support levels which is shown in the last chart.
- S&P 500 WEEKEND UPDATE
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