By: Scott Redler
With the market unable to break out or down of its multi-month range, we think it is very important to watch AAPL and GS–two of the markets leaders during this runup off of the March lows. If these two stocks can break their recent downtrend, the market should have a free shot at the 1,127-1,135 area on the S&Ps. After holding recent support, both stocks look poised to break higher.