AAPL + SPY Technical Analysis

AAPL - Same thesis from last night, chart still looks good for bulls. As long as we hold $460-465, bulls still have another shot with the next leg up. Just don't forget to jump ship if we do decisively break below. Until then, I don't see any true bear sightings. Also, tomorrow may have a limited range of $460-475. If AAPL gaps down in the morning to near $460 with 5-minute chart RSI and MACD at extreme oversold settings, then I will buy the dip again just like Feb 13. See charts:

SPY - Guess what, same thesis again. Bullish pattern still.