What on earth is going on at Apple?!

I Think Another Market Rally Is About To Begin... Here's Why [Profitable Trading] [What on earth is going on at Apple?!]( Apple's been hiding the ultimate ace up its sleeve. It could be 15 times bigger than every iPhone ever sold… But one shockingly simple move could [hand you a $28,118 fortune.]( But if you want in... you need to make your move NOW. The window to get in on this opportunity is closing fast…you don't have a moment to lose… [Discover how you could lock in your shot at up to $28,118 (or more) NOW.]( 9/30/2021 I Think Another Market Rally Is About To Begin... Here's Why --------------------------------------------------------------- By: [Amber Hestla, Chief Investment Strategist]( Last week was a volatile one in the stock market. That Monday, stocks opened sharply lower, and the selling continued throughout the first part of the day. At the low, SPDR S&P 500 ETF (NYSE: SPY) was more than 5% below its all-time high. The decline took just 11 trading days. During the rest of the week, SPY rallied back and closed high enough on Friday to eke out a small gain for week. As expected, the 50-day moving average (MA) was important to the price action. [Image: ( SPY did break below the MA. But the decline stopped right at an important support level near 429.68, which I've added to the chart above. That line is based on the principle of symmetry, which can be applied to charts. The 50-day MA shows the average trend in the stock market over the past 50 trading days, or almost three months. To capture the true trend over three months, we would want to use a 66-day MA since there are an average of 22 trading days in a month. But the 50-day MA is popular with traders and has been for decades. Because of its popularity, it's worth paying attention to. For the 50-day MA, or for any moving average, we tend to see prices move above it and below it. There is often a degree of symmetry in those moves. That means we often see prices move about the same distance above and below the MA. One reason for the symmetry is the fact that the distance from the MA shows the degree of emotion in the market. Extremes in exuberance, shown as large rallies above the MA, are often followed by extremes in pessimism, which result in large declines below the MA. Last week's selloff ended almost precisely at the first target based on symmetry, and prices are now likely to move back to new highs. Other Reasons For Optimism Sentiment confirms my optimistic outlook. [These two sentences could hold the secret to your early retirement]( In a ground breaking presentation Jim Fink reveals 12 words you can say to your broker that could hand you an instant cash payout of up to $1,463- every Thursday. [Get the full story here.]( Individual investors seem to be wary of the current rally. Bearish sentiment was essentially unchanged despite last week's gains in major indexes, according to the American Association of Individual Investors survey. [Image: ( Source: [AAII]( A large number of individuals turned bearish the previous week after a 3% drop in the S&P 500. They remained bearish. The shift in bullish sentiment came from a decline in the number of investors who have a neutral outlook for the next six months. As bears turn bullish, prices could rally substantially. Now, for the short-term outlook, I want to look at my indicators. And on that front, I am cautious in the short run. My ITV indicator remained bearish for SPY but is at a high level that's consistent with short-term bottoms. [Image: ( Its current position, with the indicator so far above the MA (blue line), means it is likely we should see a rally as ITV reverts to its average. My Profit Amplifier Momentum (PAM) indicator offers additional support for my optimism. This indicator already reached its bearish extreme a few weeks back - shown by the bars in the bottom panel - and is now moving back toward a "buy" signal. [Image: ( PAM is designed as a short-term indicator. So based on this, I'm optimistic that a rally is beginning. Editor's Note: While many traders take a stab in the dark for price swings, I've been using a proven system that leads to thousands of dollars in reliable income every month... Over 90% of the trades I recommend to readers are successful. The best part? It takes only a few minutes per week... and you could earn enough extra income to free you from relying only on Social Security, your savings, or even your job. To learn how my system works and how you could start earning thousands of extra dollars per month, [go here now](. [You asked…we listened. ]( [You asked…we listened.]( The one thing readers have said that's missing from Personal Finance? MORE. MORE opportunities… to make MORE money…MORE often. You asked… we listened. [Personal Finance Pro - is now live.]( Interested in locking down access to a system delivers a new pick virtually every week. Each with the potential to hand you payouts of $2,087… $2,327… $2,628… and $3,435. [Discover exactly what Personal Finance Pro can do for your portfolio NOW]( To ensure that you receive these emails, please add [Research@ProfitableTrading.com](mailto:Research@ProfitableTrading.com?subject=Profit%20Amplifier%20Delivery&cigx=d.ciosa%2Csid.0%2Cstid.7073%2Cmid.9132%2Cshsh.09088c3f4509d620ca5ad95dcbb462cb%2Cct.newsletter&src=email.sacio_7073.hs-ciosa.9132&utm_campaign=ptnl_93021&utm_medium=email&utm_source=hs-pt_ptnl) to your address book. You are receiving this message because you subscribed to a Profitable Trading publication. Please send any editorial comments or suggestions to [Editors@ProfitableTradingResearch.com](mailto:Editors@ProfitableTradingResearch.com?cigx=d.ciosa%2Csid.0%2Cstid.7073%2Cmid.9132%2Cshsh.09088c3f4509d620ca5ad95dcbb462cb%2Cct.newsletter&src=email.sacio_7073.hs-ciosa.9132&utm_campaign=ptnl_93021&utm_medium=email&utm_source=hs-pt_ptnl). This address is for editorial feedback only. For questions about your account or to speak with customer service, call 888-271-5237 Monday-Friday, 9 a.m. to 5 p.m. Central time. To ensure uninterrupted delivery of this newsletter, your subscription will automatically renew at the end of its term. To learn more about our automatic renewal policy -- including how to remove this benefit -- please visit our Terms and Conditions of Use, [available here](. Please keep in mind that the law prohibits us from providing personalized investment advice. (c) 2021 Profitable Trading. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without express written permission from Profitable Trading, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043 or [www.ProfitableTrading.com](. For customer service inquiries please write to Profitable Trading, 7600A Leesburg Pike, Suite 300 Falls Church, VA 22043 To edit your email preferences please [click here](. DISCLAIMER: Profitable Trading is a publisher of financial news and opinions and NOT a securities broker/dealer or an investment advisor. You are responsible for your own investment decisions. All information contained in our newsletters or on our website(s) should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision. As a condition to accessing Profitable Trading materials and websites, you agree to our Terms and Conditions of Use, [available here]( including without limitation all disclaimers of warranties and limitations on liability contained therein. Owners, employees and writers may hold positions in the securities that are discussed in our newsletters or on our website.