$Apple(AAPL)$ $Invesco QQQ(QQQ

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$Apple(AAPL)$ $Invesco QQQ(QQQ)$ $Technology Select Sector SPDR Fund(XLK)$ Apple (AAPL) weekly chart. Near term, price is starting to lose some upward momentum after the price/momentum divergence that developed between late May and mid July. Price probed into the upper $344/$345 area, but buyers didn't accept those levels and momentum kept deteriorating. The longer-term bullish trend still looks intact based on both absolute and trend momentum RSI readings. That said, the $345 to $332 zone looks important for the bulls to hold, with an initial focus on the $325 area below if there's any deeper retracement.

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