Welcome to Closing Bell. I'm Scott Wopner from Post 9 here at the New York Stock Exchange.

This make-or-break hour begins with stocks, trying hard to eke out another gain.

Here's your scorecard of where things stand with 60 minutes to go and regulation the dow has been up all day

weakening though throughout the session interest rates turned around perhaps getting

ahead of the Fed shares testimony on Capitol Hill tomorrow you can see the S&P still

hanging on to positive

territory as well but two Dow stocks primarily the story today.

Merck on some positive new drug data as you just heard and Apple which has been on

a tear lately up some 6% or so in just the past

three trading days and that leads us to our talk of the tape can Apple's breakout

continue and is it a sign that the rally can too? Let's ask Star technician Jonathan Krinsky of BTIG had a new note out today.

It's good to see you.

Welcome back.

The question of the moment is apples run sustainable.

Hey Scott, good to be here. You know, we don't think so.

A couple key points we start with.

First, in absolute terms, this 156 level for Apple

has just been so critical at turning points over the last

18 months all the way back really to the fall of 2021 where it initially topped out.

It then acted as support several times in early 22. And then, you know, lately it's been

acting as pretty key resistance. It topped out last fall in October, again in February.

So, you know, it just seems to be this crucial pivot point. You know,

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