Look! It's everybody's favorite bag to hold! VRNG!
Yep, Investors look tired. All things being equal, this run is done and probably correcting downward or trading sideways until news.
As a rule of thumb: when the market is down, bond prices go up as money runs for safety. However, not quite true here. Almost seems that 10 Year Treasury note yields are giving hints to where the AAPL yield will be. This isn't normal. Either bond prices have to rise or AAPL (S&P) has to rise. Please comment.
I'm still predicting quite a bullish run into the close.
Something to think about... AAPL dividend or Treasury Notes?
Need to come back and look closer at the 30-60m volume on these gaps, but pretty sure we are exausted now. Either going to stay steady or move toward Gap 2 (probably not fill tho). Breaking under 90 is a warning. I'll short under 82 to play the Gap 2 fill.
Just starting out here. I'm totally new at this. But it's what I see.