The pattern shown was compelling enough to suggest that MSFT might make a top at the D target, 420.26. But THE top? My guess is not, which would make all of the jacking off for the last month a consolidation. It certainly doesn’t look like it’s setting up a plunge, although that could change very easily with a downdraft that penetrates three supportive lows recorded since January 31. In any event, I have no trading ideas to begin the week, so we’ll have to see what develops.