$AAPL a bit wobbly near-term and momentum gave some much needed warnings for those short-term oriented over the last month #
IBD# charts from
@Marketsurge
However, larger trends remain quite robust and no meaningful deterioration. Thus, near-term weakness for AAPL likely proves short-lived in my view this week.
While Tech has some "wood to chop" between now and Nov Expiration, the broader mkt resilience & breadth coupled with cross asset volatility waning has proven quite helpful to the bigger picture.
Overall, Elections aren't the "all-clear" that many make them out to be, but by Nov 21-24, i expect markets to act better in a broad-based manner.. I'll detail AAPL targets for support/resistance & what i expect in tonight's piece