Apple - Correction from 134.54 is headed towards 55.01

Apple - Correction from 134.54 is headed towards 55.01

Apple - Correction from 134.54 is headed towards 55.01 

Already on April 29 - 2015 I called the top at 134.54 and said then, that a decline to the previous low of 55.01 was to be expected (you can see that post here) and on August 4 - 2015 I said that the top at 134.54 was confirmed and a corrective decline to 55.01 should be expected (you can see that post here). 

Well the correction from 134.54 is well under way, and it should just be a matter of time before support at 89.47 is broken for the next decline to 67.40 and then 55.01. 

Short term, resistance is seen at 94.66. This resistance is expected to protect the upside for the break below 89.47 for the next wave lower to 67.40 and 55.01. 

 

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Hani
2014-06-06
I have been a fan of you blog for several years!
I am so impressed at your renewal.
Elliott wave analysis is so difficult to me, but so interesting and useful.

Thank you
Hani
Felipe
2014-05-26
Hi,

I recently tried a 30 day membership and I am very happy with the service. Pls keep up the great work!!! I will continue renewing!!

Felipe
Duane
2018-03-03
Hey EWS,

I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.

Duane