AAPL and MSFT Support Breaks that Would Implode the US Cycle
Technical Analysis227 Views, 09 May 2022 10:58
EXECUTIVE SUMMARY
- Apple and Microsoft are pressing on pivotal supports that would weigh on the US equity cycle after the April 26 red flag for defensives and resource stocks to sell off.
- Mounting to break AAPL and MSFT key supports at 150 and 270 that would inflection the SPX cycle further given the SPX is flirting with a key break below 4,100/4,030.
- AAPL and MSFT support breaks target AAPL 120 and MSFT 220.