April 21, 2012

APPLE Weekend update



  • Day of Apple closed near 50 Day SMA. Price is yet to test the Daily Ichimoku cloud as seen in the 2nd chart.
  • Weekly chart shows a bearish candle with one of the highest volume in recent times.
  • Price has fallen from 644 to 570 levels and the Weekly MACD sell signal is yet to come. If bears get a sell signal then things will be bad for Apple Bulls. It's only a possible scenario and let 50 Day SMA or the Daily cloud save Apple bulls from a bigger fall.
  • APPLE TREND UPDATE
  • S&P 500ANALYSIS AFTER CLOSING BELL



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