AAPL near term roadmap of DANGER of the ATH surge if topped
Updated
This is a near term update to my bigger picture (click).
New ATH with a surge defying the market.
Into no-mans land between major levels.
Sings of possible blow off top or bull trap.
Last bounce on a major, and I mean MAJOR, level at $159.31
So this surge could well be the result of a HIGH ENERGY fib.
Time of Year and Market Conditions DO favor an upward wave.
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That Golden fib at $158.72 is from Apple's "Genesis" fib:
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The Genesis Fib is the "Birth Impulse" and its Golden Multiples.
The Genesis IMPULSE was the first growth stage from 1981 into 2000 blow off top:
New ATH with a surge defying the market.
Into no-mans land between major levels.
Sings of possible blow off top or bull trap.
Last bounce on a major, and I mean MAJOR, level at $159.31
So this surge could well be the result of a HIGH ENERGY fib.
Time of Year and Market Conditions DO favor an upward wave.
.
That Golden fib at $158.72 is from Apple's "Genesis" fib:
.
The Genesis Fib is the "Birth Impulse" and its Golden Multiples.
The Genesis IMPULSE was the first growth stage from 1981 into 2000 blow off top:
Note
Here we are, the IDEAL bounce point.So we went a little higher than expected but hit resistance and turned sharply
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Zoom IN (1min) for a closer look at the support zone
Would be nice to get a little bounce here.
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