AAPL next gap close is 169.30. When the Nasdaq,DJI and SPX cascade lower it could reach the 123 gap to close it as well. But for now i'll ride it lower to 169 even if it bounces on Monday.
Uncertainty causes volatility. Range bound lower until tariff decision (either way). 10% move after . Correction and repricing will start after the pressure is released from tariff and fed. The dji correction starts back down or up to the July 2017 21,900 area by spring 2019
Ready for opportunity to explode higher... Dont miss out
If JNJ goes then so does it all.....
Taking a short rest before the next run
Fibonacci, Wave, Price Cycles, Trend Lines, and a little bit more. The market repricing will be complete by April 2019
Spx will also follow a similar path SPX first to 2750 - 2775 area then pullback to feb lows
With the exception of a catalyst about tariffs this should finish this leg down by the end of the week. But if a catalyst stops it we will find our way back here soon.
Whats your opinion? Lower time frames support the direction..look left, it leaves clues..