We are entering a short position in Apple at the market
Apple (AAPL, $97,12) is acting much weaker than the Wyckoff Wave, and with the Wyckoff Wave looking for some type of pullback here, it looks as if Apple could also try the downside again.
The technometer currently on Apple is 51.13. You can also see it has had an approximate 50% rally back from the most current reaction. The OP has also made a new high why price only managed the 50% retracement. With all of these indications, we would like to enter a short position here.
If you go to our Pulse of the Market Charting Softare, and type in symbol WWT, which is the Wyckoff Wave Technology Sector, then go to “Compare Symbols”, and add in the 8 stocks that make up the WWT, then you will see the relative performance of each component versus the sector. Apple is much weaker than the other components.