Here is where we end up with disappointing sales of the iPhone X which I think is very possible to occur.
Using the Fibonacci analysis a good push to the 1360 point seems very likely. Why anyone would be selling, especially as a hedge against this crazy market is beyond me. You have inflationary effects happening across the globe. Oil, commodities busting out. Currency outside the dollar is rising. Interest rates, well we shall see. In the meantime, Gold is a safe...
A breakout from the Fibonacci level is now in play. Grab the gold... and watch the AUDUSD FOLLOW.
On the heels of strong consumer data, the Aussie Dollar is breaking out. Get in on the action.
Given the sweetspot and home value price point, they should win big this year as Millennials need to move out of Mom and Dad's house.
A fear driven rise should take it to the next level.
Larger amount of put buying at 6600 level. 13 on the De Mark indicator.
Long term chart showing evidence of accumulation...
We can resume the upward climb to $140. I was spot on with the $102-104 call. It's up from here....
Then the run to iPhone 7 into September.