AAPL WXY or ABC = Determine the direction of mkts next week

Updated

ABC simple Ziggy or complex WXY with 2 ABCs with in W & Y ?
We have one of the most beautiful Divers, RSI, happening right now on AAPL !!!
Will it play out for the Bulls ?!

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1/ 1-2 for impulsive down
2/ Ending diagonal
3/ something beyond my knowledge

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If we are going up in 5 waves, how to count the prior wave ?!

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Invalidation of nest going up 1-2 is Green line !

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Still having a hard time counting this. Technically + breadth wise this is a bouncing area !!! Elliott wave wise something is not adding up for me here !

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One way to look at it out of many:
- Breaking above 177.07 is bullish WXY structure is confirmed. Getting rejected below we will gap down for and extended W3 !

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Quite challenging to count this last move !

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On daily if this is an impulsive up, 181 is next Red box.!

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On 195 Minutes chart we can have 1-2 set ups as an impulsive up as well !
Therefore, daily/half day chart are easy to count impulsive up, not smaller time
frames which are a bit different in structure.

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One way to look at it out of many out there...

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2ed way to look at it...

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Daily...

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Looks Flat to me.!

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One more final leg to finish this impulsive up.!

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W4 touch down, looking for a higher high here for wave 5 if you are bullish.!

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Breaking the Red line is highly probable, or my count is (Running Flat) is wrong big time.!

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1.Are we in an ABC counter trend move, yep it's a probability = we should not break below 157.37.
2/ Are we in a 5 waves impulsive down, yep it's a probability = We mush break below 157.37.
3. Is it possible that my counts are simply wrong, yep it's a probability.! And we go ballistic up from here.!

samitrading

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