Bounced Off The 50ema. Massive January effect coming due to fear of increasing long term cap. gains rate. Oversold on the daily. Christmas shopping season. Ireland bailed out. China talkin to North Korea.
Trade it ,last December we had 5-6 point range ,expect the whipsaw ,drop , collect ,compress , (play one to trap shorts and shake-out longs) and then run(gap) ,distribute and repeat.The bull run is not over till AAPL pukes imho