AAPL - Head & Shoulders

Just like SPY, AAPL has formed a head & shoulders pattern signaling a reversal of the prior uptrend. Strong bearish sentiment in the market promises to help see this reversal through. Look to enter at a daily close below $168. If this level of support breaks down, we could see a stark drop in price. Place an initial stop loss at $169. No particular price target in mind since there seems to be a lot of downside. I would look to follow price with a trailing stop to see how much profit is up for the taking. Also, be on the lookout for rate hike announcement at FOMC next week.