Apple Inc
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$AAPL ... (BEARISH!)

AAPL has just continued to push higher for weeks now, but it's starting to look like things might be turning with the false breakout to all time highs from Friday being rejected today (still have to wait and see how we close). AAPL is still a top shorting op for us, along with SMH.
With that said, we don't expect to see major moves (up or down) before the FOMC meeting on Wednesday. Any development before then needs to be taken as a starter position or day trade.
AAPLChart PatternsTechnical IndicatorsSMHspyshortTrend Analysis

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