- Channel of four hour chart is near resistance line.
- Several indicators are showing overbought levels. But for a breakdown bears must fall below 20 week SMA, 100 Day SMA and daily cloud.
- Sustaining above these levels will see spx negating the overbought conditions and moving ahead. For sustained up moves price must break above 78.6% Fib level.
- APPLE HOURLY NEGATIVE DIVERGENCE
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