Has Apple seen its better days??


I am trying to finalise my fractal time warp MAP Analysis counts to establish where we are  and started looking at some bell weather stocks so started with Apple.

What does it say – yellow pivots look wrong? Bubble top??

Lets look at it through time warped glasses.

Now how do the yellow pivots look? Wave 2 complex, wave 4 simple and below we apply MAP Analysis

And it looks ominous. This top has met a rule that it is in to stay and will not be broken for a long long time if support at $584.70 fails!

Zooming in

A test of its critical long term support is expected to hold as we are on the final wave down to W-1. This could be as early as the 31 October if the 4H channel holds. The low is anticipated to coincide with the beginning of October, which is where a lot of my index lines are crossing. New president whoever it is will get a honeymoon bounce!

This entry was posted in Financial Analysis, Forks and MAP waves, Nasdaq. Bookmark the permalink.

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