Why this rally?
One reason.
Market was at extreme oversold levels and it was way way overdue. Market had to go through hell first.
This has been a weird sloppy bear market rally but's it's also the best rally in 6 weeks.
Only rally since then actually pulling the 50 sma upward.
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200sma works plenty as resistance on the S&P 10 day. Historically applies to AAPL also!
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How long will this rally last? No one knows. But How do you feel about tomorrow? Would you get a sense premarket or after opening?
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