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Where is AAPL Headed?


The week long high-level congestion area off of the Dec 5 high at 577.38 violated key-pattern support today at 560-559, which busted the pattern, and morphed it into a deeper, more traditional pullback from the high.

Where to?

My nearest-term micro-support target is 554-553, which already has been met, but has not elicited any meaningful buying yet, thus leaving AAPL vulnerable to still-deeper correction into the 548-545 area next.

Inability of 548-545 to contain the selling pressure will point AAPL towards a test.

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