Watch out for AAPL and MSFT. They have the highest weightings BY FAR in the S&P 500, 6.2% and 5.9% respectively, and seem the most susceptible to downturn, as opposed to Amazon which has the 3rd highest weighting at a meager 3.9%.
We could see a local rally but if these don't come roaring higher, it'll be another "sell the rip".
We could see a local rally but if these don't come roaring higher, it'll be another "sell the rip".
Note
AAPL idea:
Note
Neither rallied, we got a rejection instead of a confirmation. Now 2300 after hours and will hunt for another downward rally.
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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.