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Chris Kimble points out that Apple computer now represents a 20% weighting of the Nasdaq 100. So goes Apple so goes this index!
Chris elaborates: Apple faces a 20 year resistance line and a massive rising wedge and potential double top. Is the "Power of the Pattern" going to overpower the new iPhone and iPad?
Keep an "eye on Apple" for a breakdown. If it happens, it could create a great opportunity to score on defense.
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