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Sunday, October 14, 2012

$AAPL: EW count and forecast. 2 Hr chart. Bullish setup.


Minor wave 4 is in place or nearly to be. If we are right, minor wave 5 is in play or near to be.

2 comments:

  1. earlier you say spx is going down. Now Aapl is setup for bull. Are they conflicting?

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  2. No conflict. Our target of 1,370 for SPX is a final target for this retracement as wave 4. Price can go up and down in- between.Our bullish setup for AAPL means that basically the stock is bullish in the next days or weeks but, also, can go up and down in-between.

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