For the first time since December 1, there were more daily new highs than lows on Wednesday. The SPY and QQQ are holding above their 30 week averages–for now.
Dr. Wish
8th day of $QQQ short term down-trend; $AAPL below neckline
I should have noted yesterday that AAPL had closed Friday below the neckline of its head and shoulders top pattern. If this break down holds, we could see a decline to around $80.
