The failure of the market and AAPL to bounce back does not bode well for the long side of this market. Best to be on the sidelines in cash or a little short.
Dr. Wish
GMI=0; 23rd day of QQQ short term down-trend
Markets remain in short and longer term down-trends. Time to be in cash or short.
22nd day of QQQ short term down-trend; SQQQ up +24.6%
Since Oct 8, QQQ has declined -7.6%; and the 3X leveraged inverse ETF SQQQ has risen 24.6%.