Rotation Down the Food Chain

Into the New York lunch hour, note that AAPL continues to weaken down from Tuesday's earnings reversal. Not he 30-minute chart, first below, note the "bear flag" consolidation which could easily see the stock break lower yet into the afternoon. 

And some money from the prior winners my finally be flowing into laggard natural gas. On the UNG weekly chart, second below, if we see decent action this afternoon and tomorrow then natty will have printed a weekly "bullish engulfing candle," signaling a potential major change in trend for the bullish.