Some Fibos: $AAPL, $TSLA & $AMZN

I will show some examples of wave balance being put in here. If they stick, the structures look good here.

Apple:

AAPL

Tesla:

TSLA

Amazon:

AMZN

I don’t know that these will hold here exactly, but if they do, the structures can be complete. The whole things are clearly corrective structures and not impulsive ones (from their lows). They should not be lasting bottoms and I expect them all to reverse hopefully soon.

Now, we’re into the S&P gap, and I would suppose that people simply assuming that we will close it, since we’ve gotten this far, will be enough complacency for a surprise here. Ideally that is what I would like here.


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Your email address will not be published.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 *