I'm looking for a sell trade for Apple. The wave count is somewhat complex and that doesn't increase the probability longer term until we have more data to determine what's next. Short term however I expect a break lower soon, once we see that bearish break I will be determining whether there is more to come in terms of another bearish break out of the structure of larger degree, which most likely will result in a move towards 55-60, or whether we will see a bullish reversal and a continuation of the long term trend. The arrows show the scenario's I'm looking for to trade, with the first trade opportunity to be a sell trade!
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updates will follow
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
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Our Apple short is turning into a clean short trade. If we consolidate we have the opportunity to sell again.
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