Let Us Try to Count the $AAPL Fractal

If I am right in my assessment that this is no ending diagonal 5th wave on $AAPL, but rather a huge triangle 4th wave (the green structure leering at us from the left), it should be embarking on its 5th cycle wave to the upside, which will itself be composed of 5 primary (pink) waves.

So, this volatile pattern we’re in right now today, should either be: an ending diagonal, or a triangle.

If it’s an ending diagonal, we would count it like this. We would expect it to top here-ish and retrace to the orange box. (Note the beautiful divergence on the RSI).

AAPL

If it’s a triangle 4th wave, it should still pull back for minor (green) “E” but then it will rally again to finish the structure before giving us the big two.

AAPL

I don’t really know which one is better but at some point, we (should) see that pink 2.


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