AAPL on the weekly continues to fall from a double top put in at 195 in July 23 and this past
January. China issues are looming with competition domestically within China, factory issues
and the recession. The hart shows an established trend down seeking support at the Fibonacci
level in blue. The predictive algo looking back an the regression line pattern forecasts a
continued fall through the fib zone into the 125 area. Indicators are all consistent with the
same. I have a deep respect for advanced mathematics and will comply with the forecast.
AAPL is a short and the little retrace up is an opportunity to add to my positions.
January. China issues are looming with competition domestically within China, factory issues
and the recession. The hart shows an established trend down seeking support at the Fibonacci
level in blue. The predictive algo looking back an the regression line pattern forecasts a
continued fall through the fib zone into the 125 area. Indicators are all consistent with the
same. I have a deep respect for advanced mathematics and will comply with the forecast.
AAPL is a short and the little retrace up is an opportunity to add to my positions.
Trade active:
AAPL moved down a little to finish out the week, month and quarter. Onto April.