Three things to state:
1. Chart looks terrible, very obvious.
2. Buffett has now revealed that he has sold 25% of $AAPL again this quarter and this is likely going to hurt $AAPL tomorrow.
3. The chart has not changed, so far we have a Double Top and the 50 Day MA has now been lost.
Tomorrow will tell us more information but a move down to the 200 Day MA at $204 over the next week or so is not outside the realms of possibility now.
However, the election will decide the fate of the market...so there is a get out of jail card here and I'll discuss this under the $SPY chart.
slappindabass
2024-11-03 23:23:40 +0000 UTCslappindabass
2024-11-03 23:22:31 +0000 UTC