Apple filled a major daily gap today and had a significant intra day reversal off that level.
Apple being the largest weighted stock we have to always be aware of the technical levels. Hitting major resistance today makes it unlikely we see the markets rally significantly without positive news.
Since Apple moves the moves the market, if it cannot get through this key level expect the markets to trend lower.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.