AAPL has broken down.
But the shorter term averages (red) are still above the longer term averages (blue).
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Very cautious even though GMI signals Buy
AAPL looks very weak to me. The market often finishes a month strong and falters at beginning of month. I am mainly in cash. But GMI is back to a Buy.
On Sidelines
I do not see a clear enough trend to trade, but the GMI is back to 5. The QQQ has re-taken break-out level.
