$AAPL faced 4 rejections at ~$156.48 which is acting as strong resistance.
Note as the largest holding in $SPY, AAPL has a significant impact on the overall market direction.
I anticipate further downside after this latest rejection and see $160+ as low probability.
Note as the largest holding in $SPY, AAPL has a significant impact on the overall market direction.
I anticipate further downside after this latest rejection and see $160+ as low probability.