Nov 14 2018 - Apple Crashes Through Support
The equity markets sold off again today and they are now approaching the October lows. DIA did remain above its 200-day SMA and it is still holding onto an 'inverted head and shoulders pattern'. Overall, the major ETFs remain technically bearish.
Apple (AAPL) cut through its 200-day SMA like a hot knife through butter today. The next support level is 3% lower and if the $180 level fails to hold, subsequent support resides all the way down at the $160 area.
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