Moving the Triangle to $AAPL Gives Us This Lovely Picture

The triangle B wave possibility I had identified last night on $XLF and $SPY, when transported over to $AAPL, gives us this picture. It’s a great fit, and it clears up all the confusion about the slop we endured on the way down. Now the two five-wave segments are crystal clear. I wish I had seen it as a triangle sooner—as it was forming—because it would have helped to anticipate the severity of the second leg, which, as we can see below, finds almost perfect equal parity. It’s a great count.

I won’t bitch about last week any more, it’s water under the bridge at this point. But I’m gaining significant confidence that we’re not retesting those lows.

AAPL


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