Macro $AAPL Fractal Lends Itself as a Diagonal as Well

Not trying to be a real doomer, but $AAPL may be well interpreted here as a large, macro-scale ending diagonal. I last discussed the long-term cycle on Apple here, and there is reason to believe that not only are we probably ending its 5th cycle (yellow) wave, but also possibly its 5th supercycle (purple) wave. It’s scary stuff.

Been hard to count this stock impulsively, but it counts well as a series of 3-wave moves, all joined together. We can overthrow this but I expect that to be it.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.

Leave a Reply

Your email address will not be published. Required fields are marked *