Stage 3 highs begin with range expansions, prices accelerating and then whippy price action and failure to move higher. We are seeing this in AAPL. Key Major Support is close by that must hold.
The trend has not been violated on the weekly time frame either. However, the last retracement was 100% of the prior advance. While there has been short-term bearish price action, there has not been a violation of any significant support level. This will take time to resolve the uncertainty that has been created.
