Did AAPL Show The Market's Hand Friday?

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Now that we all made it through the "Nightmare On Elm Street".

Friday we said:

"So on a miss? AAPL heads to the 200 day as well as the NDX.

  

Be careful here! Careful about jumping to a conclusion that we are never going higher again because here we are tagging the 200 day average and at a support zone in the NDX and AAPL. 

As for AAPL tagging the 61.8% fib zone, into a prior congestion zone, the 200 day average? Should we keep going? 

We say GOOD!  Let's get it out of the way because maybe that's what its going to take here to stop going down."

And sure enough folks off of that tag of the 61.8% Fibonacci zone AAPL put on like 20 points into the close before backing off a bit at the close. 

 

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