Final thrust?

AAPL appears to be tracing out a final ending diagonal to end it’s rally from $580. Look for a very sharp decline in the next week, leading to a test of at least $570 in the next couple weeks.



And the bullish drum beat continues…

AAPL has truly gone parabolic in the past few days. If the stock touches $590-$600 today, I would be willing to predict that its run ends this week, and subsequently AAPL starts a 2-4 year downtrend. I predicted a similar outcome with NEP in the face of massive criticism. The pattern on AAPL is almost identical, so I am as confident now as I was back then.