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$AAPL . Tenkan sen – Kijun sen Bearish Cross

This is a follow up on the previous $AAPL chart dated Apr 16.

As we can see, Friday’s price action gave us a bearish signal on the Ichimoku chart of $AAPL.

Given that the weightage of $AAPL is high in the index, we can assume that there is a bearish bias on /ES as well.