SPX S&P 500, Tech

$SPX ($SPY), $AAPL Charts, September 1st

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[[aapl]] Apple

Price-MACD diverged some time ago, rising wedge seems to have broken down on increased volume.

sept1_aapl

$SPX

Similar to the AAPL chart, there’s divergence on the MACD though less significant and a potential rising wedge (bearish reversal pattern).

sept1_spx

Markets and tech performance is tied to the U.S. dollar which looks to be reversing to the upside, at least it did today.