While the equity market is blissfully holding its no-news gains, everyone's favorite hedge fund hotel just hit the lows of the day... Having tested up to the 200DMA, AAPL is now leaking back under Friday's closing VWAP... Need moar channel-checks and $1111 analyst price-targets on TV stat!
Today saw once again a vertical rally up to VWAP (red) and then volume fade and now we are losing yesterday (yellow) and Friday's (blue) closing VWAPs...
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At some point the humans will become aware of the Algos and we suspect a sinularity will occur...