John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: The Ox who wrote (18072)	3/31/2016 12:30:32 PM
From: John Pitera	Read Replies (2) of 33421

Hi Ox, That is logically to pull the AAPL position... It'd come up to near it's declining 200 DMA at $110 .55 and the blue downtrendine on the weekly chart that we looked at last week Message 30511293 is at $110. The volume on the AAPL rally since the Feb low has been low..... running a 200 dma on the volume chart on both a daily and weekly basis shows that the volume has been low abnormally low in AAPL compared to stocks like FB, GOOGL, INTC, MSFT. low volume on a rally is not positive ... it would appear to be a corrective rally. I find it interesting the US stock market has not been stronger for the last day of Q1. The continued weakness in the $USD index continues. silver has been outperforming gold the past few days. John

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