$AAPL holds the key to the market and that was even more evident this week.
In our last update we said we wanted to see $AAPL get above the 50 Day MA and if it can do this, this is further confirmation that Wave 4 is complete and we are in Wave 5 now.
$AAPL had no problem breaking the 50 Day MA level at $186 and finished the week at $189.
It also stayed comfortably above the previous all time high line at $182.
I said this was a strong buy under the blue line and it has proven to be the right call, I hope many are holding this now.
Next we want to see movement up to the $197 over the next few weeks and then ultimately move to the Wave 5 target by the end of the year at $210.