QQQ/AAPL Sell Alert 8.2.18-

QQQ SELL Alert @ 177.50-178.50-

AAPL is competing a weekly/daily projection target @ 205-06– We see limited visibility beyond this level and opens the name up for a snap back to FV-

*Given the weighting  AAPL has in QQQ, this would obviously have a neutral- negative impact on QQQ-

 Traders/PM’s are advised to establish a short position in QQQ @ 177.50-178.50- starting today.

-Here is the weekly schematic of AAPL- notice almost every new recovery High has led to a pullback to FV-