Apple is forming a double-top pattern near critical support, and if it breaks below ~$166, it could experience a precipitous fall of 15-17% that will severely damage market momentum because Apple carries significant weight and any breakdown will trigger sharp sell-offs across the broader market.
factualpending
Speaker
Chris RilionEvidence Quote
“Apple's... testing a pretty major support level... double top which is not a good sign... could see a very precipitous fall... 15 to 177%”
Source
Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris Vermuelen— WealthionCreated: 8/10/2026, 11:07:32 PM
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