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Apple and Meta-Platforms Technicals

Key Takeaways

  • Minor stabilization occurred Wednesday and more might be in store given FB’s after-market lift.  Overall, this bounce should prove temporary for US equity indices.
  • Key for AAPL and MSFT will be holding above March lows ~ 150 for AAPL.
  • Heating oil surge to new highs is following-through given huge inventory drain.  
A minor bounce might continue a bit more into Thursday/Friday, as FB’s positive after-hours lift has successfully recaptured March lows (A...

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