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Wednesday, April 18, 2012

$SPX & AAPL: 2x2 Grid chart. EW count and forecast and comparation.

This is an interesant comparation between AAPL and the market ($SPX). We have pointed that $SPX is in minor wave 4 and AAPL is in a wave 4, but we haven't pointed which is, because we don't now it.
The point is, both are in waves 4,down but, the $SPX seems to be in a wave 5 of something and AAPL seems to be in a wave 3 of something. Both are facing south for the next days.

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