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Saturday, June 23, 2012

$AAPL: 5 Years,weekly chart.EW count and forecast.

We think that, in this push up, price will not make a new high and will put primary wave 3 in place and will be due for a big correction, as a primary wave 4, down to 309 as maximum.
We, also think that AAPL will lead markets down when this wave 4, down, starts.

$FAS: EW count and forecast.Bullish.

We think that wave B is in play and have some room up. Maximum target is the violet dotted line so this count respect first EW count.

$BAC: Alternative EW count and forecast. This is more bullish.

Wave c equal wave a.