Broken Support

In the intermediate term, and as expected, support at SPY 85 has finally been breached.


XOM broke


CVX broke


Finally, I've been rather adamant about support at AAPL 85 failing. It just sucks it had to happen like this. Now, my "there's no such thing as a quadruple bottom" theory will be dismissed for the "...hormonally imbalanced, menopausal Steve Jobs is taking time off from being CEO and that's why the price fell below 85" theory. Whatever. It would have happened either way.