![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiXVdj8qZAoIm-OMt2IEyiecOW0zX5MaZAkZVbGg9c4eNPOY9up2CtUO_FfJvQjvainmKJIj7OrZ5x0cTHsu5NG4RdtuUje9_uSFaSB8XvtkzbCdSpTv3sFCoPoqZn07kRoRk_Ey5WxDY/s640/APPLE+WEEKLY+CLOUD.png)
- Apple daily chart shows a bullish engulfing pattern at crucial support levels.
- Monthly chart hits the 20 Month SMA If price stays above this level we may see a good bounce.
- Weekly chart shows price near the base of weekly Ichimoku cloud which is a good place for a bounce. Bears need a weekly close below the cloud for a bigger down move.
- S&P 500 ANALYSIS AFTER CLOSE
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