Directional Analysis

The pattern that the over all market and the pattern that Apple is in, are very similar. The high beta stocks (stocks that have a lot of volatility and volume) tent to move with the market and or before the market does. In this case I am following Apple very closely because I believe it will tell us where the market is going to go before the market starts moving. The bottom line is that the pattern is still intact and we are getting closer to see what the market’s direction will be.