117 - our turning point.
Our preference: As long as 117 is still resistance, it is likely that the contract will fall to the next support level of 100.
Alternative scenario: Only a break 117 can refute our bearish scenario. And in this case, we should expect a return to the course to 127 and possibly 133.
Analysis: Lowering the 50-day moving average indicates a possible fall of Apple.
Our preference: As long as 117 is still resistance, it is likely that the contract will fall to the next support level of 100.
Alternative scenario: Only a break 117 can refute our bearish scenario. And in this case, we should expect a return to the course to 127 and possibly 133.
Analysis: Lowering the 50-day moving average indicates a possible fall of Apple.
