Apple Should Get a Bounce

For all the complacency we see in the intermediate-term indicators we had one small move to the downside on Tuesday and the put/call ratio shot up as if we were down 2% on the day. It closed the day at 103%.

But if we step away from that minute-to-minute type stuff we see that the higher put/call ratio actually moves the moving averages higher and those are what we use to determine where sentiment is on an intermediate-term basis....424 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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