Holiday Shopping Kicks Off, Crude Crash and Bad Apple
MRKT Matrix
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Apple's Performance to the S and P 500 in Europe
Apple's performance to the S and P seen here, it has all the elements of a bullish to bearish reversal. Apple makes a new high relative to its 2018 high, but to the equal weight, it never could get above its real performance peaked in 2020 at the COVID sort of nadir. And there's nothing in and of itself that says Apple has to go down or has to go up because the pattern itself here now is a pair of twos.
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