Sour AAPL

Come out of things unsaid
Shoot an apple off my head
--Coldplay

A week or so back, we opined that AAPL could serve as an interesting 'tell' in lieu of a market turn. Well, the action in AAPL has turned, um, sour.

After hitting its head on a $600B market cap last week, the stock has reversed nearly 10% lower. Today it was off about 4% on chunky volume. Looks like it's ready to fill the gap below $580ish.

Hard to see major indexes holding their ground if this name continues to trade heavy.

position in SPX