AAPL
Looks to be very possibly fitting well within the given ranges of a Bearish Butterfly harmonic pattern. See attached image for fib levels. The "B" point is very slightly above the required .786 level, with within range to legally call this butterfly pattern in my opinion. While I am not currently trading this, just an interesting contrarian view in the face of so much bearishness in the market right now. My previous post (linked) showed a Dark Cloud Cover pattern that developed Friday, and was confirmed by the large move down today. Would not be surprising to me at all to see a green day to about 208 area tomorrow to stay within the wedge pattern AAPL has built at the moment. To me there are just far better places than this to get your money in if you want to be on the short end right now. In any event, happy hunting and GLTA!!
tradingstrategyguide...Harmonic-Pattern.jpg
