This is not a "sell signal" for the stock market, but it has been something to keep an eye on in the recent year. Especially when Apple gaps down from recent highs (as in mid July 2015 and mid November 2015).
This gap down could be an early indication of whats to come for the US stock market (SPX500 blue line). Structurally Apple looks bearish at this point.
This gap down could be an early indication of whats to come for the US stock market (SPX500 blue line). Structurally Apple looks bearish at this point.