Apple looks like it’s trying to bottom. It’s been choppy and has difficulty holding a bid. Friday’s low at $533.72 is a must hold. The stock remains extremely oversold with a 27 RSI, but needs a catalyst to move it higher, in our opinion.
(click here if chart is not observable)
Global Macro Monitor 
I’m not sure if it’s trying to bottom or if it is simply consolidating before the next leg down. It just doesn’t look like a healthy bottom to me.
Trades very sloppy. Think you may be correct. Thanks for comment.
The fact that it didn’t break down this afternoon with the rest of the market suggests that you’re correct. Good call.