I do not have a full count that I am totally satisfied with, but, I will note that locally, $AAPL is approaching “equal legs” of a 3-swing move. If this is only a correction, this could be where it would end. If we’re in an impulse down, we would expect this to go closer to ~$153.
I also note that (at least so far) $JNK is green today.
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You mean 163 right typo i guess
Nope, if it’s merely a correction, I would expect it to stabilize here, if an impulse down, it’s nowhere near complete and can go to ~153 in the next leg down.
target reached.