CLICK ON CHART TO ENLARGE

Apple remains below its 30-year resistance line and the Nasdaq 100 has been weak of late as it cracks below a bearing rising wedge support, after hitting key resistance.

The Power of the Pattern reflected back in February that the top of the channel and its 50% Fib retracement level should stop the rally in the NDX 100…and it did (see post here)

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past