AAPL - TA Update 22 Oct 2022

$Apple(AAPL.US)$
- "Potential FED pivot" has triggered a bullish rally Friday with 2Y/10Y yield dropping alot
- Is it sustainable? Depends on any FED members "clarifying" the possibility over the weekend

However, price action wise
- AAPL (similarly to SPY) has closed Friday at a key level
- Significance is it has a weak bear structure above Friday close to 155.
- So, continued "FED pivot" expectations next week could well move AAPL to 155 via a small "squeeze"

Downside exist (if FED pivot expectations are squashed)
- Support at 143, 139 and 135