Apple… for the moment,is showing some nice bottoming action.

408.40 is the ORH level for today. A close over this level would lead us to believe the worst is over for AAPL.

The key to this price action, is for Apple to maintain positive on the day to
avoid lower re-tests, and close over 408.40 .

This instrument is making up it’s mind on new direction today, which will likely take 1-2 days to play out.